$IFF
INTERNATIONAL FLAVORS & FRAGRANCES INC

2013 Q1 Form 10-Q Financial Statement

#000119312513203099 Filed on May 07, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2012 Q1
Revenue $727.8M $710.6M
YoY Change 2.42% -0.52%
Cost Of Revenue $416.5M $425.2M
YoY Change -2.06% 2.02%
Gross Profit $311.4M $285.4M
YoY Change 9.1% -4.07%
Gross Profit Margin 42.78% 40.16%
Selling, General & Admin $114.7M $105.4M
YoY Change 8.76% -1.11%
% of Gross Profit 36.82% 36.94%
Research & Development $59.10M $57.41M
YoY Change 2.95% -0.16%
% of Gross Profit 18.98% 20.11%
Depreciation & Amortization $19.41M $19.04M
YoY Change 1.92% 5.77%
% of Gross Profit 6.23% 6.67%
Operating Expenses $173.8M $162.8M
YoY Change 6.71% -0.78%
Operating Profit $137.6M $120.9M
YoY Change 13.81% -9.37%
Interest Expense $11.15M $10.81M
YoY Change 3.15% -192.4%
% of Operating Profit 8.1% 8.94%
Other Income/Expense, Net $1.069M $246.0K
YoY Change 334.55% -104.03%
Pretax Income $127.5M $110.3M
YoY Change 15.57% -4.55%
Income Tax $36.83M $29.29M
% Of Pretax Income 28.88% 26.54%
Net Earnings $90.70M $81.06M
YoY Change 11.89% -3.5%
Net Earnings / Revenue 12.46% 11.41%
Basic Earnings Per Share $1.11 $1.00
Diluted Earnings Per Share $1.10 $0.99
COMMON SHARES
Basic Shares Outstanding 81.29M shares 80.78M shares
Diluted Shares Outstanding 82.02M shares 81.67M shares

Balance Sheet

Concept 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $300.0M $77.00M
YoY Change 289.61% -31.25%
Cash & Equivalents $300.0M $76.53M
Short-Term Investments
Other Short-Term Assets $139.0M $192.0M
YoY Change -27.62% -2.04%
Inventory $515.8M $555.0M
Prepaid Expenses
Receivables $528.0M $522.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.535B $1.345B
YoY Change 14.1% -3.1%
LONG-TERM ASSETS
Property, Plant & Equipment $644.9M $611.0M
YoY Change 5.55% 10.89%
Goodwill $665.6M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $164.8M $350.0M
YoY Change -52.92% 18.64%
Total Long-Term Assets $1.666B $1.668B
YoY Change -0.13% 6.99%
TOTAL ASSETS
Total Short-Term Assets $1.535B $1.345B
Total Long-Term Assets $1.666B $1.668B
Total Assets $3.201B $3.013B
YoY Change 6.22% 2.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $159.4M $189.0M
YoY Change -15.68% 2.16%
Accrued Expenses $38.00M $37.00M
YoY Change 2.7% -9.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $100.2M $93.00M
YoY Change 7.75% -49.73%
Total Short-Term Liabilities $540.3M $521.0M
YoY Change 3.7% -17.82%
LONG-TERM LIABILITIES
Long-Term Debt $915.8M $778.0M
YoY Change 17.71% -1.14%
Other Long-Term Liabilities $92.84M $514.0M
YoY Change -81.94% 21.51%
Total Long-Term Liabilities $1.349B $1.292B
YoY Change 4.45% 6.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $540.3M $521.0M
Total Long-Term Liabilities $1.349B $1.292B
Total Liabilities $1.890B $1.816B
YoY Change 4.06% -1.73%
SHAREHOLDERS EQUITY
Retained Earnings $2.904B
YoY Change
Common Stock $139.9M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.339B
YoY Change
Treasury Stock Shares
Shareholders Equity $1.307B $1.197B
YoY Change
Total Liabilities & Shareholders Equity $3.201B $3.013B
YoY Change 6.22% 2.24%

Cashflow Statement

Concept 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income $90.70M $81.06M
YoY Change 11.89% -3.5%
Depreciation, Depletion And Amortization $19.41M $19.04M
YoY Change 1.92% 5.77%
Cash From Operating Activities $18.72M $52.64M
YoY Change -64.44% -250.82%
INVESTING ACTIVITIES
Capital Expenditures $29.86M $28.76M
YoY Change 3.84% -248.24%
Acquisitions $0.00
YoY Change
Other Investing Activities $1.500M $1.400M
YoY Change 7.14% -1500.0%
Cash From Investing Activities -$28.33M -$27.37M
YoY Change 3.54% 41.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $14.24M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$11.88M -38.86M
YoY Change -69.43% -213.64%
NET CHANGE
Cash From Operating Activities $18.72M 52.64M
Cash From Investing Activities -$28.33M -27.37M
Cash From Financing Activities -$11.88M -38.86M
Net Change In Cash -$21.50M -13.59M
YoY Change 58.12% -32.37%
FREE CASH FLOW
Cash From Operating Activities $18.72M $52.64M
Capital Expenditures $29.86M $28.76M
Free Cash Flow -$11.14M $23.88M
YoY Change -146.66% -254.05%

Facts In Submission

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CY2013Q1 us-gaap Reclassifications
Reclassifications
<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2"><i>Reclassifications and Revisions</i></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 8%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">Certain reclassifications have been made to the prior year&#x2019;s Consolidated Balance Sheet to conform to the 2013 presentation.</font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 8%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">For the three months ended March&#xA0;31, 2012, the Consolidated Statement of Cash Flows has been revised to properly eliminate the non-cash effect of accrued capital expenditures of $13.8 million from the Changes in Accounts payable to the Changes in Other current payables and accrued expenses within Net cash provided by operating activities. The Consolidated Statement of Cash Flows for the three months ended March&#xA0;31, 2012 has also been revised to properly eliminate the capitalized interest of $1.5 million from Interest paid, net of capitalized amounts. These revisions are not considered material to the previously issued financial statements.</font></p> </div>
CY2013Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
1085000
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4523000
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
-1498000
CY2013Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-352000
CY2013Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-24376000
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
137606000
CY2013Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1907000
CY2013Q1 us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Before Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostBeforeTax
8672000
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5230000
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.11
CY2013Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
226000
CY2013Q1 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
1777000
CY2013Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
CY2013Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-18208000
CY2013Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
416476000
CY2013Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
12232000
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
90697000
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.10
CY2013Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.34
CY2013Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-128000
CY2013Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
14242000
CY2013Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-43178000
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
82024000 shares
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-11880000
CY2013Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
733000 shares
CY2013Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
95927000
CY2013Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
114653000
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
36826000
CY2013Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-2881000
CY2013Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
1970000
CY2013Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
29861000
CY2013Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
744000
CY2013Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1500000
CY2013Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
727836000
CY2013Q1 us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
600000
CY2013Q1 us-gaap Restructuring Charges
RestructuringCharges
CY2013Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5974000
CY2013Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
shares
CY2013Q1 us-gaap Loss Contingency Accrual Carrying Value Payments
LossContingencyAccrualCarryingValuePayments
3100000
CY2013Q1 us-gaap Interest Expense
InterestExpense
11152000
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
5230000
CY2013Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-29339000
CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18719000
CY2013Q1 us-gaap Payments For Proceeds From Hedge Investing Activities
PaymentsForProceedsFromHedgeInvestingActivities
-530000
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1370000
CY2013Q1 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
297800000
CY2013Q1 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
4300000
CY2013Q1 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
1498000
CY2013Q1 us-gaap Other Comprehensive Income Loss Amortization Pension And Other Postretirement Benefit Plans Net Prior Service Cost Recognized In Net Periodic Benefit Cost Before Tax
OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicBenefitCostBeforeTax
1098000
CY2013Q1 iff Number Of Segments
NumberOfSegments
2 Segment
CY2013Q1 iff Duration As Potentially Responsible Party
DurationAsPotentiallyResponsibleParty
20 Y
CY2013Q1 iff Bank Guarantees Related To Appeals On Income Tax And Indirect Tax Cases
BankGuaranteesRelatedToAppealsOnIncomeTaxAndIndirectTaxCases
25900000
CY2013Q1 iff Bank Guarantees And Pledged Assets To Pursue Defenses Related To Other Contingencies
BankGuaranteesAndPledgedAssetsToPursueDefensesRelatedToOtherContingencies
48700000
CY2013Q1 iff Purchased Restricted Stock Outstanding As Percentage Of Common Stock
PurchasedRestrictedStockOutstandingAsPercentageOfCommonStock
0.007 pure
CY2013Q1 iff Number Of Facilities Under Potentially Responsible Party Investigation
NumberOfFacilitiesUnderPotentiallyResponsiblePartyInvestigation
9 Property
CY2013Q1 iff Deferred Gain Loss On Terminated Interest Rate Contracts
DeferredGainLossOnTerminatedInterestRateContracts
-2700000
CY2013Q1 iff Interest Payable Description
InterestPayableDescription
Interest payable on May 1 and November 1 of each year
CY2013Q1 iff Redemption Of Senior Notes
RedemptionOfSeniorNotes
Redemptions of the Senior Notes on or after February 1, 2023
CY2013Q1 iff Notice Period For Note Redemption
NoticePeriodForNoteRedemption
Upon 30 days' notice to holders of the Senior Notes, the Company may redeem the Senior Notes for cash in whole
CY2013Q1 iff Payments Related To Foreign Tax Settlement
PaymentsRelatedToForeignTaxSettlement
1500000
CY2013Q1 iff Payments Related To Foreign Tax Settlement
PaymentsRelatedToForeignTaxSettlement
1900000
CY2013Q1 iff After Tax Charge To Be Recorded For Foreign Tax Settlement
AfterTaxChargeToBeRecordedForForeignTaxSettlement
72400000
CY2013Q1 iff Repurchase Price As Percentage Of Principal Amount Of Senior Notes
RepurchasePriceAsPercentageOfPrincipalAmountOfSeniorNotes
1.01 pure
CY2013Q1 iff Proceeds From Termination Of Life Insurance Contracts
ProceedsFromTerminationOfLifeInsuranceContracts
793000
CY2013Q1 iff Other Comprehensive Income Loss Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationAdjustmentsNetOfTax
1596000
CY2013Q1 iff Other Comprehensive Income Loss Reclassification Adjustment On Pension And Other Postretirement Benefit Plans Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnPensionAndOtherPostretirementBenefitPlansIncludedInNetIncomeNetOfTax
-5132000
CY2013Q1 iff Other Comprehensive Income Loss Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentsNetOfTax
3634000
CY2013Q1 iff Operational Improvement Initiative Costs
OperationalImprovementInitiativeCosts
1198000
CY2012Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
246000
CY2012Q1 us-gaap Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Foreign Countries
EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToForeignCountries
542900000
CY2012Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
19039000
CY2012Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
5459000
CY2012Q1 us-gaap Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Entitys Country Of Domicile
EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile
167700000
CY2012Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-8854000
CY2012Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-27366000
CY2012Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
57408000
CY2012Q1 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax
456000
CY2012Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
80777000 shares
CY2012Q1 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-1280000
CY2012Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
68000
CY2012Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
41220000
CY2012Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-4421000
CY2012Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
7361000
CY2012Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
28649000
CY2012Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
110342000
CY2012Q1 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
2658000
CY2012Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
11787000
CY2012Q1 us-gaap Interest Paid
InterestPaid
22195000
CY2012Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
636000
CY2012Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
806000
CY2012Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2990000
CY2012Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
954000
CY2012Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-16194000
CY2012Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-11753000
CY2012Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
120907000
CY2012Q1 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1500000
CY2012Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1263000
CY2012Q1 us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Before Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostBeforeTax
7219000
CY2012Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
32366000
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.00
CY2012Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
28649000
CY2012Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
CY2012Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
801000
CY2012Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
425217000
CY2012Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-16313000
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
81056000
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.99
CY2012Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.31
CY2012Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-704000
CY2012Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-6756000
CY2012Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
81667000 shares
CY2012Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-38864000
CY2012Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
890000 shares
CY2012Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
113422000
CY2012Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
105416000
CY2012Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29286000
CY2012Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
1841000
CY2012Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
1104000
CY2012Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
28758000
CY2012Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1312000
CY2012Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1500000
CY2012Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
710616000
CY2012Q1 us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
400000
CY2012Q1 us-gaap Restructuring Charges
RestructuringCharges
1668000
CY2012Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
25086000
CY2012Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3921000
CY2012Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
78000 shares
CY2012Q1 us-gaap Interest Expense
InterestExpense
10811000
CY2012Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
32366000
CY2012Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-10653000
CY2012Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
52636000
CY2012Q1 us-gaap Payments For Proceeds From Hedge Investing Activities
PaymentsForProceedsFromHedgeInvestingActivities
-1960000
CY2012Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1658000
CY2012Q1 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-954000
CY2012Q1 us-gaap Other Comprehensive Income Loss Amortization Pension And Other Postretirement Benefit Plans Net Prior Service Cost Recognized In Net Periodic Benefit Cost Before Tax
OtherComprehensiveIncomeLossAmortizationPensionAndOtherPostretirementBenefitPlansNetPriorServiceCostRecognizedInNetPeriodicBenefitCostBeforeTax
1053000
CY2012Q1 iff Purchased Restricted Stock Outstanding As Percentage Of Common Stock
PurchasedRestrictedStockOutstandingAsPercentageOfCommonStock
0.005 pure
CY2012Q1 iff Increase In Liability Net Of Deferred Tax Benefit For Uncertain Tax Positions
IncreaseInLiabilityNetOfDeferredTaxBenefitForUncertainTaxPositions
16400000
CY2012Q1 iff Noncash Effect Of Accrued Capital Expenditure
NoncashEffectOfAccruedCapitalExpenditure
11600000
CY2012Q1 iff Other Comprehensive Income Loss Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationAdjustmentsNetOfTax
26991000
CY2012Q1 iff Other Comprehensive Income Loss Reclassification Adjustment On Pension And Other Postretirement Benefit Plans Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnPensionAndOtherPostretirementBenefitPlansIncludedInNetIncomeNetOfTax
-4421000
CY2012Q1 iff Other Comprehensive Income Loss Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentsNetOfTax
5375000
CY2010Q3 iff Number Of Interest Rate Swap Agreements
NumberOfInterestRateSwapAgreements
2 Swap

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