$IR
Ingersoll Rand Inc.

2020 Q1 Form 10-Q Financial Statement

#000114036120011736 Filed on May 15, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $703.5M $620.3M
YoY Change 13.41% 0.11%
Cost Of Revenue $485.8M $389.8M
YoY Change 24.63% 0.54%
Gross Profit $217.7M $230.5M
YoY Change -5.55% -0.6%
Gross Profit Margin 30.95% 37.16%
Selling, General & Admin $147.2M $117.0M
YoY Change 25.81% 6.75%
% of Gross Profit 67.62% 50.76%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $63.20M $45.50M
YoY Change 38.9% 1.11%
% of Gross Profit 29.03% 19.74%
Operating Expenses $147.2M $117.0M
YoY Change 25.81% -17.72%
Operating Profit -$76.10M $80.20M
YoY Change -194.89% -10.59%
Interest Expense $27.10M $22.40M
YoY Change 20.98% -178.32%
% of Operating Profit 27.93%
Other Income/Expense, Net $200.0K $1.300M
YoY Change -84.62% -35.0%
Pretax Income -$105.0M $59.10M
YoY Change -277.66% -10.18%
Income Tax -$67.00M $12.00M
% Of Pretax Income 20.3%
Net Earnings -$36.80M $47.10M
YoY Change -178.13% 11.08%
Net Earnings / Revenue -5.23% 7.59%
Basic Earnings Per Share -$0.13 $0.23
Diluted Earnings Per Share -$0.13 $0.23
COMMON SHARES
Basic Shares Outstanding 277.3M shares 201.6M
Diluted Shares Outstanding 277.3M shares 207.7M

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $556.0M $264.0M
YoY Change 110.61% -25.42%
Cash & Equivalents $555.7M $264.0M
Short-Term Investments
Other Short-Term Assets $258.0M $70.00M
YoY Change 268.57% 37.25%
Inventory $1.088B $555.0M
Prepaid Expenses
Receivables $1.028B $510.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.929B $1.398B
YoY Change 109.51% -7.6%
LONG-TERM ASSETS
Property, Plant & Equipment $829.0M $411.0M
YoY Change 101.7% 12.6%
Goodwill $5.503B
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $417.0M $139.0M
YoY Change 200.0% 0.0%
Total Long-Term Assets $12.43B $3.169B
YoY Change 292.21% -2.85%
TOTAL ASSETS
Total Short-Term Assets $2.929B $1.398B
Total Long-Term Assets $12.43B $3.169B
Total Assets $15.36B $4.567B
YoY Change 236.28% -4.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $765.0M $342.0M
YoY Change 123.68% 20.0%
Accrued Expenses $589.7M $161.0M
YoY Change 266.27% -35.34%
Deferred Revenue $162.1M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $36.00M $8.000M
YoY Change 350.0% -61.9%
Total Short-Term Liabilities $1.390B $616.0M
YoY Change 125.65% 0.82%
LONG-TERM LIABILITIES
Long-Term Debt $3.427B $1.622B
YoY Change 111.28% -20.26%
Other Long-Term Liabilities $675.0M $327.0M
YoY Change 106.42% 4.14%
Total Long-Term Liabilities $4.102B $1.949B
YoY Change 110.47% -16.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.390B $616.0M
Total Long-Term Liabilities $4.102B $1.949B
Total Liabilities $6.672B $2.829B
YoY Change 135.84% -11.81%
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 $8.686B $1.738B
YoY Change
Total Liabilities & Shareholders Equity $15.36B $4.567B
YoY Change 236.28% -4.36%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income -$36.80M $47.10M
YoY Change -178.13% 11.08%
Depreciation, Depletion And Amortization $63.20M $45.50M
YoY Change 38.9% 1.11%
Cash From Operating Activities $68.40M $68.80M
YoY Change -0.58% 14.29%
INVESTING ACTIVITIES
Capital Expenditures -$7.600M -$14.20M
YoY Change -46.48% 40.59%
Acquisitions
YoY Change
Other Investing Activities $40.70M -$500.0K
YoY Change -8240.0% -99.46%
Cash From Investing Activities $33.10M -$14.70M
YoY Change -325.17% -85.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $800.0K
YoY Change
Debt Paid & Issued, Net $1.591B
YoY Change
Cash From Financing Activities -$41.90M -17.30M
YoY Change 142.2% 110.98%
NET CHANGE
Cash From Operating Activities 68.40M 68.80M
Cash From Investing Activities 33.10M -14.70M
Cash From Financing Activities -$41.90M -17.30M
Net Change In Cash $50.20M 36.80M
YoY Change 36.41% -173.6%
FREE CASH FLOW
Cash From Operating Activities $68.40M $68.80M
Capital Expenditures -$7.600M -$14.20M
Free Cash Flow $76.00M $83.00M
YoY Change -8.43% 18.07%

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CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2020Q1 us-gaap Revenue Remaining Performance Obligation
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CY2020Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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CY2020Q1 us-gaap Revenue Remaining Performance Obligation
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CY2020Q1 us-gaap Contract With Customer Asset Net
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CY2020Q1 us-gaap Contract With Customer Liability
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CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2020Q1 us-gaap Income Tax Expense Benefit
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CY2019Q1 us-gaap Income Tax Expense Benefit
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CY2019Q1 us-gaap Effective Income Tax Rate Continuing Operations
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CY2020Q1 us-gaap Restructuring Charges
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CY2019Q1 us-gaap Restructuring Charges
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CY2020Q1 ir Shareholder Litigation Settlement Recoveries
ShareholderLitigationSettlementRecoveries
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CY2019Q1 ir Shareholder Litigation Settlement Recoveries
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CY2019Q1 ir Acquisition Related Expenses And Non Cash Charges
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CY2020Q1 us-gaap Gain Loss On Disposition Of Assets1
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CY2020Q1 ir Number Of On Site Cleanups In Operation And Maintenance Stage
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CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2020Q1 us-gaap Number Of Reportable Segments
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CY2020Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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