2019 Q3 Form 10-Q Financial Statement
#000156459019037240 Filed on October 21, 2019
Income Statement
Concept | 2019 Q3 | 2018 Q3 | 2018 Q1 |
---|---|---|---|
Revenue | $572.5M | $540.5M | $540.1M |
YoY Change | 5.92% | 9.97% | 12.8% |
Cost Of Revenue | $414.6M | $397.5M | $397.5M |
YoY Change | 4.3% | 11.69% | 15.32% |
Gross Profit | $157.9M | $143.0M | $142.6M |
YoY Change | 10.42% | 5.46% | 6.34% |
Gross Profit Margin | 27.58% | 26.46% | 26.4% |
Selling, General & Admin | $33.80M | $32.60M | $46.40M |
YoY Change | 3.68% | -6.05% | 8.16% |
% of Gross Profit | 21.41% | 22.8% | 32.54% |
Research & Development | $14.20M | $13.90M | $13.80M |
YoY Change | 2.16% | 17.8% | 9.52% |
% of Gross Profit | 8.99% | 9.72% | 9.68% |
Depreciation & Amortization | $34.40M | $31.20M | $29.80M |
YoY Change | 10.26% | 16.42% | 22.13% |
% of Gross Profit | 21.79% | 21.82% | 20.9% |
Operating Expenses | $48.00M | $46.50M | $13.80M |
YoY Change | 3.23% | 34.01% | -75.14% |
Operating Profit | $109.9M | $96.50M | $82.40M |
YoY Change | 13.89% | 8.31% | 4.83% |
Interest Expense | $11.00M | $10.60M | $8.000M |
YoY Change | 3.77% | -251.43% | 29.03% |
% of Operating Profit | 10.01% | 10.98% | 9.71% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $98.90M | $85.90M | $74.40M |
YoY Change | 15.13% | 4.63% | 2.76% |
Income Tax | $18.20M | $7.800M | $14.10M |
% Of Pretax Income | 18.4% | 9.08% | 18.95% |
Net Earnings | $80.30M | $80.10M | $61.60M |
YoY Change | 0.25% | 14.92% | -4.64% |
Net Earnings / Revenue | 14.03% | 14.82% | 11.41% |
Basic Earnings Per Share | $0.94 | $0.92 | $0.68 |
Diluted Earnings Per Share | $0.93 | $0.91 | $0.68 |
COMMON SHARES | |||
Basic Shares Outstanding | 85.10M | 87.00M | 90.00M |
Diluted Shares Outstanding | 86.10M | 88.10M | 91.20M |
Balance Sheet
Concept | 2019 Q3 | 2018 Q3 | 2018 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $47.00M | $47.20M | $49.80M |
YoY Change | -0.42% | -60.37% | -39.34% |
Cash & Equivalents | $47.00M | $47.20M | $49.80M |
Short-Term Investments | |||
Other Short-Term Assets | $27.10M | $29.10M | $34.50M |
YoY Change | -6.87% | -3.0% | 2.37% |
Inventory | $352.2M | $308.7M | $300.8M |
Prepaid Expenses | |||
Receivables | $345.3M | $270.3M | $330.8M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $771.6M | $699.0M | $715.9M |
YoY Change | 10.39% | -1.2% | 4.24% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.924B | $1.894B | $1.902B |
YoY Change | 1.56% | 3.76% | 11.84% |
Goodwill | $187.8M | ||
YoY Change | |||
Intangibles | $91.60M | ||
YoY Change | |||
Long-Term Investments | $45.80M | $45.90M | $51.00M |
YoY Change | -0.22% | -31.59% | -18.79% |
Other Assets | $134.7M | $62.80M | $65.50M |
YoY Change | 114.49% | -0.48% | 24.52% |
Total Long-Term Assets | $2.384B | $2.148B | $2.169B |
YoY Change | 10.99% | 5.8% | 14.83% |
TOTAL ASSETS | |||
Total Short-Term Assets | $771.6M | $699.0M | $715.9M |
Total Long-Term Assets | $2.384B | $2.148B | $2.169B |
Total Assets | $3.155B | $2.847B | $2.885B |
YoY Change | 10.84% | 3.99% | 12.01% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $164.5M | $143.1M | $154.8M |
YoY Change | 14.95% | 11.28% | 9.24% |
Accrued Expenses | $102.6M | $50.40M | $111.6M |
YoY Change | 103.57% | -59.68% | -13.42% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $9.300M | $9.300M | $4.400M |
YoY Change | 0.0% | 121.43% | 4.76% |
Total Short-Term Liabilities | $347.0M | $270.9M | $270.8M |
YoY Change | 28.09% | 5.08% | -1.46% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.115B | $980.7M | $835.6M |
YoY Change | 13.71% | 18.21% | -0.17% |
Other Long-Term Liabilities | $233.3M | $184.9M | $215.8M |
YoY Change | 26.18% | -17.12% | 7.36% |
Total Long-Term Liabilities | $1.349B | $1.166B | $1.051B |
YoY Change | 15.69% | 10.72% | 1.29% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $347.0M | $270.9M | $270.8M |
Total Long-Term Liabilities | $1.349B | $1.166B | $1.051B |
Total Liabilities | $1.737B | $1.479B | $1.322B |
YoY Change | 17.46% | 12.87% | 0.72% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $1.920B | $1.673B | |
YoY Change | 14.74% | ||
Common Stock | $827.8M | $796.3M | |
YoY Change | 3.96% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $1.169B | $1.021B | |
YoY Change | 14.52% | ||
Treasury Stock Shares | $24.70M | $22.40M | |
Shareholders Equity | $1.418B | $1.367B | $1.563B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $3.155B | $2.847B | $2.885B |
YoY Change | 10.84% | 3.99% | 12.01% |
Cashflow Statement
Concept | 2019 Q3 | 2018 Q3 | 2018 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $80.30M | $80.10M | $61.60M |
YoY Change | 0.25% | 14.92% | -4.64% |
Depreciation, Depletion And Amortization | $34.40M | $31.20M | $29.80M |
YoY Change | 10.26% | 16.42% | 22.13% |
Cash From Operating Activities | $120.1M | $121.2M | $62.60M |
YoY Change | -0.91% | -3.89% | 15.5% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$63.40M | -$48.30M | $59.50M |
YoY Change | 31.26% | -7.29% | -30.41% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | -$700.0K | $0.00 |
YoY Change | -100.0% | -65.0% | -100.0% |
Cash From Investing Activities | -$63.40M | -$49.00M | -$59.50M |
YoY Change | 29.39% | -9.43% | -37.7% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $30.10M | ||
YoY Change | -52.75% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -63.40M | -63.50M | -15.50M |
YoY Change | -0.16% | 3427.78% | -117.65% |
NET CHANGE | |||
Cash From Operating Activities | 120.1M | 121.2M | 62.60M |
Cash From Investing Activities | -63.40M | -49.00M | -59.50M |
Cash From Financing Activities | -63.40M | -63.50M | -15.50M |
Net Change In Cash | -6.700M | 8.700M | -12.40M |
YoY Change | -177.01% | -87.61% | -126.67% |
FREE CASH FLOW | |||
Cash From Operating Activities | $120.1M | $121.2M | $62.60M |
Capital Expenditures | -$63.40M | -$48.30M | $59.50M |
Free Cash Flow | $183.5M | $169.5M | $3.100M |
YoY Change | 8.26% | -4.88% | -109.9% |
Facts In Submission
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600000 | |
us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
100000 | ||
CY2019Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
-10200000 | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
200000 | |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
-15800000 | ||
CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-800000 | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-38200000 | ||
CY2019Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
37300000 | |
CY2018Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
79300000 | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
180300000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
172300000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
233400000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
210500000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
107100000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
90800000 | ||
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1100000 | ||
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1200000 | ||
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
9300000 | ||
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
27500000 | ||
us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
2900000 | ||
us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
4300000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
15900000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
14000000.0 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
12500000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
15100000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
200000 | ||
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
2900000 | ||
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-3300000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
277300000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
278400000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
162700000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
150200000 | ||
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
163200000 | ||
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
700000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-325900000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-150900000 | ||
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
9000000.0 | ||
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
4200000 | ||
hxl |
Repayment Of Finance Lease Obligation And Other Debt Net
RepaymentOfFinanceLeaseObligationAndOtherDebtNet
|
600000 | ||
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
2200000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
35500000 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
66900000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
6400000 | ||
CY2019Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-43000000.0 | |
CY2019Q3 | hxl |
Share Based Compensation Expense And Exercise Of Shares Including Treasury Stock Acquired For Tax Obligations
ShareBasedCompensationExpenseAndExerciseOfSharesIncludingTreasuryStockAcquiredForTaxObligations
|
8200000 | |
CY2019Q3 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
55700000 | |
CY2019Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1417800000 | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
400000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
64800000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-136800000 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
-1900000 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
-3600000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
14300000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-12900000 | ||
CY2019Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
47000000.0 | |
CY2018Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
47200000 | |
hxl |
Net Impact Of Capital Expenditure Payments And Accrued Payables
NetImpactOfCapitalExpenditurePaymentsAndAccruedPayables
|
160900000 | ||
hxl |
Net Impact Of Capital Expenditure Payments And Accrued Payables
NetImpactOfCapitalExpenditurePaymentsAndAccruedPayables
|
133500000 | ||
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1495100000 | |
CY2018Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
61600000 | |
CY2018Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
11200000 | |
CY2018Q1 | us-gaap |
New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
|
3800000 | |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
35600000 | |
CY2018Q1 | hxl |
Share Based Compensation Expense And Exercise Of Shares Including Treasury Stock Acquired For Tax Obligations
ShareBasedCompensationExpenseAndExerciseOfSharesIncludingTreasuryStockAcquiredForTaxObligations
|
7700000 | |
CY2018Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
30100000 | |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1562500000 | |
CY2018Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
68800000 | |
CY2018Q2 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
11300000 | |
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-73000000.0 | |
CY2018Q2 | hxl |
Share Based Compensation Expense And Exercise Of Shares Including Treasury Stock Acquired For Tax Obligations
ShareBasedCompensationExpenseAndExerciseOfSharesIncludingTreasuryStockAcquiredForTaxObligations
|
3700000 | |
CY2018Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
150900000 | |
CY2019Q2 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
12800000 | |
CY2019Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-4200000 | |
CY2019Q2 | hxl |
Share Based Compensation Expense And Exercise Of Shares Including Treasury Stock Acquired For Tax Obligations
ShareBasedCompensationExpenseAndExerciseOfSharesIncludingTreasuryStockAcquiredForTaxObligations
|
6100000 | |
CY2019Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1442400000 | |
CY2019Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
80300000 | |
CY2019Q3 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
14400000 | |
CY2019Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
80300000 | |
CY2018Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
80100000 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
233400000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
210500000 | ||
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
85100000 | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
87000000.0 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
85100000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
88600000 | ||
CY2019Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.94 | |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.92 | |
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
2.74 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
233400000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
210500000 | ||
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
2.37 | ||
CY2019Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
80300000 | |
CY2018Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
80100000 | |
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
85100000 | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
87000000.0 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
85100000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
88600000 | ||
CY2019Q3 | hxl |
Incremental Common Shares Attributable To Restricted Stock Units
IncrementalCommonSharesAttributableToRestrictedStockUnits
|
400000 | |
CY2018Q3 | hxl |
Incremental Common Shares Attributable To Restricted Stock Units
IncrementalCommonSharesAttributableToRestrictedStockUnits
|
500000 | |
hxl |
Incremental Common Shares Attributable To Restricted Stock Units
IncrementalCommonSharesAttributableToRestrictedStockUnits
|
400000 | ||
hxl |
Incremental Common Shares Attributable To Restricted Stock Units
IncrementalCommonSharesAttributableToRestrictedStockUnits
|
400000 | ||
CY2019Q3 | hxl |
Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
|
600000 | |
CY2018Q3 | hxl |
Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
|
600000 | |
hxl |
Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
|
600000 | ||
hxl |
Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
|
700000 | ||
CY2019Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
86100000 | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
88100000 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
86100000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
89700000 | ||
CY2019Q3 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.93 | |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.91 | |
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
2.71 | ||
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
2.35 | ||
CY2019Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
100000 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
100000 | ||
CY2018Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
200000 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
200000 | ||
CY2019Q3 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
182600000 | |
CY2019Q3 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
39700000 | |
CY2019Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
129900000 | |
CY2019Q3 | us-gaap |
Inventory Net
InventoryNet
|
352200000 | |
CY2019Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
67500000 | |
CY2019Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
67500000 | |
CY2019Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
55000000.0 | |
CY2019Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P9Y | |
CY2019Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.029 | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
3100000 | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
12600000 | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
11000000.0 | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
9100000 | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
8500000 | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
36000000.0 | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
80300000 | |
CY2019Q3 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
600000 | |
CY2018Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
300000 | |
CY2019Q3 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
8700000 | |
CY2018Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
9100000 | |
CY2019Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
9300000 | |
CY2018Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
9400000 | |
CY2019Q3 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
40300000 | |
CY2018Q4 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
51400000 | |
CY2019Q3 | hxl |
Finance Lease Obligations Noncurrent And Other Long Term Debt
FinanceLeaseObligationsNoncurrentAndOtherLongTermDebt
|
2000000.0 | |
CY2018Q4 | hxl |
Finance Lease Obligations Noncurrent And Other Long Term Debt
FinanceLeaseObligationsNoncurrentAndOtherLongTermDebt
|
800000 | |
CY2019Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1115200000 | |
CY2018Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
947400000 | |
CY2019Q3 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
1124500000 | |
CY2018Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
956800000 | |
CY2019Q3 | us-gaap |
Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
|
-16300000 | |
CY2019Q3 | hxl |
Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Tax Amount
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsTaxAmount
|
5200000 | |
CY2019Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.184 | |
CY2018Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.091 | |
CY2019Q3 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
3000000.0 | |
CY2018Q3 | us-gaap |
Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
|
9600000 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.213 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.169 | ||
us-gaap |
Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
|
1300000 | ||
hxl |
Effective Income Tax Rate Continuing Operations Excluding Discrete Benefits
EffectiveIncomeTaxRateContinuingOperationsExcludingDiscreteBenefits
|
0.223 | ||
hxl |
Effective Income Tax Rate Continuing Operations Excluding Discrete Benefits
EffectiveIncomeTaxRateContinuingOperationsExcludingDiscreteBenefits
|
0.213 | ||
hxl |
Estimated Annual Effective Income Tax Rate Continuing Operations
EstimatedAnnualEffectiveIncomeTaxRateContinuingOperations
|
0.24 | ||
hxl |
Number Of Counterparties That Are Highly Rated Financial Institutions Which Experienced Significant Downgrades
NumberOfCounterpartiesThatAreHighlyRatedFinancialInstitutionsWhichExperiencedSignificantDowngrades
|
0 | ||
us-gaap |
Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
|
As our production cycle is typically six months or less, it is expected that goods related to the revenue recognized over time will be shipped and billed within the next twelve months. | ||
CY2019Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
572500000 | |
CY2018Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
540500000 | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1628100000 | ||
CY2018Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
50500000 | |
CY2019Q1 | hxl |
Change In Unbilled Revenue Earned Over Time
ChangeInUnbilledRevenueEarnedOverTime
|
-3200000 | |
CY2019Q1 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
53700000 | |
CY2019Q2 | hxl |
Change In Unbilled Revenue Earned Over Time
ChangeInUnbilledRevenueEarnedOverTime
|
-6000000.0 | |
CY2019Q2 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
59700000 | |
CY2019Q3 | hxl |
Change In Unbilled Revenue Earned Over Time
ChangeInUnbilledRevenueEarnedOverTime
|
3300000 | |
CY2019Q3 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
56400000 | |
CY2019Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
572500000 | |
CY2019Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
109900000 | |
CY2019Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
34400000 | |
CY2019Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2400000 | |
CY2019Q3 | hxl |
Net Impact Of Capital Expenditure Payments And Accrued Payables
NetImpactOfCapitalExpenditurePaymentsAndAccruedPayables
|
53300000 | |
CY2018Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
540500000 | |
CY2018Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
96500000 | |
CY2018Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
31200000 | |
CY2018Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2000000.0 | |
CY2018Q3 | hxl |
Net Impact Of Capital Expenditure Payments And Accrued Payables
NetImpactOfCapitalExpenditurePaymentsAndAccruedPayables
|
43500000 | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1791400000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
327800000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
107100000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
15900000 | ||
hxl |
Net Impact Of Capital Expenditure Payments And Accrued Payables
NetImpactOfCapitalExpenditurePaymentsAndAccruedPayables
|
160900000 | ||
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1628100000 | ||
hxl |
Net Impact Of Capital Expenditure Payments And Accrued Payables
NetImpactOfCapitalExpenditurePaymentsAndAccruedPayables
|
133500000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
275400000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
90800000 | ||
CY2018Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
142300000 | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
5400000 | ||
hxl |
Goodwill And Intangible Assets Acquired
GoodwillAndIntangibleAssetsAcquired
|
145100000 | ||
hxl |
Goodwill And Intangible Assets Currency Translation And Other Adjustments
GoodwillAndIntangibleAssetsCurrencyTranslationAndOtherAdjustments
|
-2600000 | ||
CY2019Q3 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
279400000 | |
CY2019Q3 | us-gaap |
Goodwill
Goodwill
|
187800000 | |
CY2019Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
91600000 | |
us-gaap |
Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
|
0 | ||
us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
-59900000 | ||
us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
-6800000 | ||
CY2019Q3 | us-gaap |
Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
|
2500000 | |
CY2018Q4 | us-gaap |
Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
|
2700000 | |
CY2019Q3 | us-gaap |
Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
|
600000 | |
CY2018Q4 | us-gaap |
Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
|
800000 | |
CY2019Q3 | hxl |
Accrual For Environmental Loss Contingencies Amount Which Is Better Estimate Within Range
AccrualForEnvironmentalLossContingenciesAmountWhichIsBetterEstimateWithinRange
|
0 | |
CY2018Q4 | hxl |
Accrual For Environmental Loss Contingencies Amount Which Is Better Estimate Within Range
AccrualForEnvironmentalLossContingenciesAmountWhichIsBetterEstimateWithinRange
|
0 | |
CY2019Q3 | hxl |
Accrual For Environmental Loss Contingencies High End Of Range
AccrualForEnvironmentalLossContingenciesHighEndOfRange
|
16000000 | |
CY2018Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
4800000 | |
CY2019Q1 | hxl |
Standard Product Warranty Expense Benefit
StandardProductWarrantyExpenseBenefit
|
2400000 | |
CY2019Q1 | hxl |
Standard Product Warranty Accrual Period Decrease Excluding Warranties Issued
StandardProductWarrantyAccrualPeriodDecreaseExcludingWarrantiesIssued
|
300000 | |
CY2019Q1 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
6900000 | |
CY2019Q2 | hxl |
Standard Product Warranty Expense Benefit
StandardProductWarrantyExpenseBenefit
|
600000 | |
CY2019Q2 | hxl |
Standard Product Warranty Accrual Period Decrease Excluding Warranties Issued
StandardProductWarrantyAccrualPeriodDecreaseExcludingWarrantiesIssued
|
1000000.0 | |
CY2019Q2 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
6500000 | |
CY2019Q3 | hxl |
Standard Product Warranty Expense Benefit
StandardProductWarrantyExpenseBenefit
|
-100000 | |
CY2019Q3 | hxl |
Standard Product Warranty Accrual Period Decrease Excluding Warranties Issued
StandardProductWarrantyAccrualPeriodDecreaseExcludingWarrantiesIssued
|
-200000 | |
CY2019Q3 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
6600000 |