2019 Q1 Form 10-Q Financial Statement

#000106920219000021 Filed on April 22, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1
Revenue $790.3M $834.8M
YoY Change -5.33% 5.22%
Cost Of Revenue $588.7M $611.6M
YoY Change -3.74% 5.0%
Gross Profit $201.6M $223.2M
YoY Change -9.68% 5.83%
Gross Profit Margin 25.51% 26.74%
Selling, General & Admin $145.8M $155.2M
YoY Change -6.06% 1.84%
% of Gross Profit 72.32% 69.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.20M $16.60M
YoY Change 9.64% 5.73%
% of Gross Profit 9.03% 7.44%
Operating Expenses $145.8M $155.2M
YoY Change -6.06% 1.84%
Operating Profit $94.70M $53.00M
YoY Change 78.68% -12.83%
Interest Expense $10.90M $8.400M
YoY Change 29.76% 13.51%
% of Operating Profit 11.51% 15.85%
Other Income/Expense, Net -$800.0K -$600.0K
YoY Change 33.33%
Pretax Income $83.00M $44.00M
YoY Change 88.64% -17.6%
Income Tax $13.60M $6.100M
% Of Pretax Income 16.39% 13.86%
Net Earnings $69.30M $37.90M
YoY Change 82.85% -12.87%
Net Earnings / Revenue 8.77% 4.54%
Basic Earnings Per Share $1.75 $0.91
Diluted Earnings Per Share $1.73 $0.90
COMMON SHARES
Basic Shares Outstanding 39.70M shares 41.50M shares
Diluted Shares Outstanding 40.10M shares 42.10M shares

Balance Sheet

Concept 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $31.70M $57.10M
YoY Change -44.48% 17.01%
Cash & Equivalents $31.70M $46.10M
Short-Term Investments
Other Short-Term Assets $86.50M $106.4M
YoY Change -18.7% 4.93%
Inventory $600.1M $561.5M
Prepaid Expenses
Receivables $502.6M $528.5M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.221B $1.347B
YoY Change -9.35% 13.52%
LONG-TERM ASSETS
Property, Plant & Equipment $411.7M $390.1M
YoY Change 5.54% 6.7%
Goodwill $186.5M $190.3M
YoY Change -2.0% -3.69%
Intangibles
YoY Change
Long-Term Investments $3.900M
YoY Change -25.0%
Other Assets $68.00M $64.90M
YoY Change 4.78% -3.13%
Total Long-Term Assets $884.8M $739.3M
YoY Change 19.68% -3.26%
TOTAL ASSETS
Total Short-Term Assets $1.221B $1.347B
Total Long-Term Assets $884.8M $739.3M
Total Assets $2.106B $2.086B
YoY Change 0.94% 6.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $411.9M $357.9M
YoY Change 15.09% -10.75%
Accrued Expenses $219.8M $226.0M
YoY Change -2.74% 0.53%
Deferred Revenue $5.400M $6.500M
YoY Change -16.92%
Short-Term Debt $0.00 $900.0K
YoY Change -100.0% -99.55%
Long-Term Debt Due $6.300M $500.0K
YoY Change 1160.0% -28.57%
Total Short-Term Liabilities $917.4M $712.8M
YoY Change 28.7% -31.3%
LONG-TERM LIABILITIES
Long-Term Debt $1.059B $1.258B
YoY Change -15.84% 81.34%
Other Long-Term Liabilities $129.2M $129.2M
YoY Change 0.0% -0.23%
Total Long-Term Liabilities $129.2M $129.2M
YoY Change 0.0% -0.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $917.4M $712.8M
Total Long-Term Liabilities $129.2M $129.2M
Total Liabilities $2.311B $2.189B
YoY Change 5.56% 12.15%
SHAREHOLDERS EQUITY
Retained Earnings $1.899B $1.575B
YoY Change 20.56% 14.28%
Common Stock $1.080B $1.038B
YoY Change 4.12% 0.25%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.004B $2.569B
YoY Change 16.94% 14.77%
Treasury Stock Shares 47.61M shares 45.85M shares
Shareholders Equity -$204.8M -$102.6M
YoY Change
Total Liabilities & Shareholders Equity $2.106B $2.086B
YoY Change 0.94% 6.95%

Cashflow Statement

Concept 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income $69.30M $37.90M
YoY Change 82.85% -12.87%
Depreciation, Depletion And Amortization $18.20M $16.60M
YoY Change 9.64% 5.73%
Cash From Operating Activities -$141.0M -$83.50M
YoY Change 68.86% -22.4%
INVESTING ACTIVITIES
Capital Expenditures $37.20M $22.70M
YoY Change 63.88% -8.84%
Acquisitions
YoY Change
Other Investing Activities $50.80M $100.0K
YoY Change 50700.0% 0.0%
Cash From Investing Activities $13.60M -$22.60M
YoY Change -160.18% -8.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $100.0M $150.0M
YoY Change -33.33% 100.0%
Debt Paid & Issued, Net $31.70M $10.20M
YoY Change 210.78% 5000.0%
Cash From Financing Activities $108.9M $96.00M
YoY Change 13.44% -25.23%
NET CHANGE
Cash From Operating Activities -$141.0M -$83.50M
Cash From Investing Activities $13.60M -$22.60M
Cash From Financing Activities $108.9M $96.00M
Net Change In Cash -$18.50M -$10.10M
YoY Change 83.17% 152.5%
FREE CASH FLOW
Cash From Operating Activities -$141.0M -$83.50M
Capital Expenditures $37.20M $22.70M
Free Cash Flow -$178.2M -$106.2M
YoY Change 67.8% -19.85%

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OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-23900000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
77900000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14000000.0 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
50100000 USD
CY2018Q1 us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
-7600000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
37900000 USD
CY2018Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
21100000 USD
CY2018Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
7900000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
200000 USD
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4800000 USD
CY2018Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
-7100000 USD
CY2018Q1 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
800000 USD
CY2018Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
168100000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
-102600000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
-149600000 USD
CY2019Q1 us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
-300000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
69300000 USD
CY2019Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
25300000 USD
CY2019Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
2600000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
200000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5200000 USD
CY2019Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
6200000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
800000 USD
CY2019Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
113500000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
-204800000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
69300000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
37900000 USD
CY2019Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-8500000 USD
CY2018Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2019Q1 lii Lossgainfromnaturaldisasternetof Insurancerecoveries
LossgainfromnaturaldisasternetofInsurancerecoveries
-6900000 USD
CY2018Q1 lii Lossgainfromnaturaldisasternetof Insurancerecoveries
LossgainfromnaturaldisasternetofInsurancerecoveries
0 USD
CY2019Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2600000 USD
CY2018Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3500000 USD
CY2019Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2018Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-10300000 USD
CY2019Q1 us-gaap Restructuring Costs
RestructuringCosts
300000 USD
CY2018Q1 us-gaap Restructuring Costs
RestructuringCosts
600000 USD
CY2019Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1600000 USD
CY2018Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1900000 USD
CY2019Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
600000 USD
CY2018Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
100000 USD
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
5200000 USD
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4800000 USD
CY2019Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
18200000 USD
CY2018Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
16600000 USD
CY2019Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
15500000 USD
CY2018Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2100000 USD
CY2019Q1 us-gaap Pension Expense
PensionExpense
2000000.0 USD
CY2018Q1 us-gaap Pension Expense
PensionExpense
2100000 USD
CY2019Q1 us-gaap Pension Contributions
PensionContributions
2500000 USD
CY2018Q1 us-gaap Pension Contributions
PensionContributions
700000 USD
CY2019Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-200000 USD
CY2018Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-100000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
62700000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
44500000 USD
CY2019Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
120900000 USD
CY2018Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
124300000 USD
CY2019Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-4500000 USD
CY2018Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
700000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1700000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
77500000 USD
CY2019Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-35000000.0 USD
CY2018Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-35200000 USD
CY2019Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-34100000 USD
CY2018Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-22300000 USD
CY2019Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-700000 USD
CY2018Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1900000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-141000000.0 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-83500000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
300000 USD
CY2018Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
100000 USD
CY2019Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
37200000 USD
CY2018Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
22700000 USD
CY2019Q1 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
43600000 USD
CY2018Q1 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
0 USD
CY2019Q1 lii Insurancerecoveriesreceivedforpropertydamageincurredfromnaturaldisaster
Insurancerecoveriesreceivedforpropertydamageincurredfromnaturaldisaster
6900000 USD
CY2018Q1 lii Insurancerecoveriesreceivedforpropertydamageincurredfromnaturaldisaster
Insurancerecoveriesreceivedforpropertydamageincurredfromnaturaldisaster
0 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
13600000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-22600000 USD
CY2019Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
0 USD
CY2018Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-100000 USD
CY2019Q1 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
43500000 USD
CY2018Q1 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
51000000.0 USD
CY2019Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
31700000 USD
CY2018Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
10200000 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
3300000 USD
CY2018Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2019Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
844500000 USD
CY2018Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
790000000.0 USD
CY2019Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
525500000 USD
CY2018Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
444100000 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
800000 USD
CY2018Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
800000 USD
CY2019Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
100000000.0 USD
CY2018Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
150000000.0 USD
CY2019Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
13500000 USD
CY2018Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
18100000 USD
CY2019Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
25500000 USD
CY2018Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
21300000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
108900000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
96000000.0 USD
CY2019Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-18500000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-10100000 USD
CY2019Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
3900000 USD
CY2018Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1000000.0 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
46300000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
68200000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
31700000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
57100000 USD
CY2019Q1 us-gaap Interest Paid Net
InterestPaidNet
8400000 USD
CY2018Q1 us-gaap Interest Paid Net
InterestPaidNet
6000000.0 USD
CY2019Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
32000000.0 USD
CY2018Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
32700000 USD
CY2019Q1 us-gaap Insurance Recoveries
InsuranceRecoveries
76000000.0 USD
CY2018Q1 us-gaap Insurance Recoveries
InsuranceRecoveries
0 USD
CY2019Q1 us-gaap Use Of Estimates
UseOfEstimates
Use of Estimates<div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of financial statements requires us to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include the valuation of accounts receivable, inventories, goodwill, intangible assets and other long-lived assets, contingencies, guarantee obligations, indemnifications, and assumptions used in the calculation of income taxes, pension and post-retirement medical benefits, and stock-based compensation, among others. These estimates and assumptions are based on our best estimates and judgment. </span></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>We evaluate these estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. We believe these estimates and assumptions to be reasonable under the circumstances and will adjust such estimates and assumptions when facts and circumstances dictate. Volatile equity, foreign currency and commodity markets combine to increase the uncertainty inherent in such estimates and assumptions. Future events and their effects cannot be determined with precision and actual results could differ significantly from these estimates. Changes in these estimates will be reflected in the financial statements in future periods.
CY2019Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Certain amounts have been reclassified from the prior year presentation to conform to the current year presentation.
CY2019Q1 us-gaap Revenues
Revenues
790300000 USD
CY2018Q1 us-gaap Revenues
Revenues
834800000 USD
CY2019Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 USD
CY2018Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
2500000 USD
CY2019Q1 us-gaap Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress
-2500000 USD
CY2019Q1 lii Contractwith Customer Asset Cumulative Catchup Adjustmentto Revenue Changein Measureof Progress Percent
ContractwithCustomerAssetCumulativeCatchupAdjustmenttoRevenueChangeinMeasureofProgressPercent
-1.000
CY2019Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5400000 USD
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
13000000.0 USD
CY2019Q1 lii Contractwith Customer Liability Current Net Changein Timeframe Performance Obligation Satisfied Revenue Recognized
ContractwithCustomerLiabilityCurrentNetChangeinTimeframePerformanceObligationSatisfiedRevenueRecognized
7600000 USD
CY2019Q1 lii Contractwith Customer Liability Current Net Changein Timeframe Performance Obligation Satisfied Revenue Recognized Percent
ContractwithCustomerLiabilityCurrentNetChangeinTimeframePerformanceObligationSatisfiedRevenueRecognizedPercent
-0.585
CY2019Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
5700000 USD
CY2018Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
5900000 USD
CY2019Q1 lii Contractwith Customer Liability Noncurrent Net Changein Timeframe Performance Obligation Satisfied Revenue Recognized
ContractwithCustomerLiabilityNoncurrentNetChangeinTimeframePerformanceObligationSatisfiedRevenueRecognized
200000 USD
CY2019Q1 lii Contractwith Customer Liability Noncurrent Net Changein Timeframe Performance Obligation Satisfied Revenue Recognized Percent
ContractwithCustomerLiabilityNoncurrentNetChangeinTimeframePerformanceObligationSatisfiedRevenueRecognizedPercent
-0.034
CY2019Q1 lii Contractwith Customer Asset Liability Net
ContractwithCustomerAssetLiabilityNet
-11100000 USD
CY2018Q4 lii Contractwith Customer Asset Liability Net
ContractwithCustomerAssetLiabilityNet
-16400000 USD
CY2019Q1 lii Contractwith Customer Asset Liability Changein Timeframe Performance Obligation Satisfied Revenue Recognized
ContractwithCustomerAssetLiabilityChangeinTimeframePerformanceObligationSatisfiedRevenueRecognized
5300000 USD
CY2019Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1100000 USD
CY2018Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1600000 USD
CY2019Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
429200000 USD
CY2018Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
330500000 USD
CY2019Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
5400000 USD
CY2018Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
10000000.0 USD
CY2019Q1 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
225300000 USD
CY2018Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
229100000 USD
CY2019Q1 us-gaap Inventory Gross
InventoryGross
659900000 USD
CY2018Q4 us-gaap Inventory Gross
InventoryGross
569600000 USD
CY2019Q1 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
59800000 USD
CY2018Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
59800000 USD
CY2019Q1 us-gaap Inventory Net
InventoryNet
600100000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
509800000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
186600000 USD
CY2019Q1 us-gaap Goodwill Transfers
GoodwillTransfers
0 USD
CY2019Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-100000 USD
CY2019Q1 us-gaap Goodwill
Goodwill
186500000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2019Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1500000 USD
CY2019Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
200000 USD
CY2019Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
14800000 USD
CY2019Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1100000 USD
CY2019Q1 us-gaap Variable Lease Cost
VariableLeaseCost
4500000 USD
CY2019Q1 us-gaap Lease Cost
LeaseCost
22100000 USD
CY2019Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1000000.0 USD
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
12700000 USD
CY2019Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1600000 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
3200000 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
16600000 USD
CY2019Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
22700000 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
170100000 USD
CY2019Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
6300000 USD
CY2019Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
22300000 USD
CY2019Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
48100000 USD
CY2019Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
122600000 USD
CY2019Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P5Y5M15D
CY2019Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y4M13D
CY2019Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0223
CY2019Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0405
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
41500000 USD
CY2019Q1 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
5500000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
48400000 USD
CY2019Q1 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
6300000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
35700000 USD
CY2019Q1 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
4500000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
24500000 USD
CY2019Q1 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
2700000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
18700000 USD
CY2019Q1 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
1300000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
18600000 USD
CY2019Q1 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
12900000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
187400000 USD
CY2019Q1 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
33200000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
16700000 USD
CY2019Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
4600000 USD
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
170700000 USD
CY2019Q1 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
28600000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
47400000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
6600000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
38400000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
5400000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
27200000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
3800000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
17900000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
2100000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
12700000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
900000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
16100000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
12800000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
159700000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
31600000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
2100000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
29500000 USD
CY2019Q1 lii Operating Lease Term
OperatingLeaseTerm
P5Y
CY2019Q1 lii Purchase Price Of Property At End Of Lease Term
PurchasePriceOfPropertyAtEndOfLeaseTerm
41200000 USD
CY2019Q1 lii Purchase Price Of Property At End Of Lease Term
PurchasePriceOfPropertyAtEndOfLeaseTerm
41200000 USD
CY2019Q1 lii Area Of Leased Office Building
AreaOfLeasedOfficeBuilding
192000 sqft
CY2019Q1 lii Percentage Of Lease Balance As Final Payment End Of Lease Term
PercentageOfLeaseBalanceAsFinalPaymentEndOfLeaseTerm
0.87
CY2019Q1 lii Debtinstrument Covenantfordebtnotpaid
DebtinstrumentCovenantfordebtnotpaid
75000000 USD
CY2019Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
37400000 USD
CY2018Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
37900000 USD
CY2019Q1 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
76400000 USD
CY2018Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
73700000 USD
CY2019Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
113800000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
111600000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
111600000 USD
CY2019Q1 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
5900000 USD
CY2019Q1 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
8700000 USD
CY2019Q1 lii Standardand Extended Product Warranty Accrual Divestitureof Businesses
StandardandExtendedProductWarrantyAccrualDivestitureofBusinesses
600000 USD
CY2019Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
113800000 USD
CY2019Q1 us-gaap Liability For Asbestos And Environmental Claims Net Incurred Loss1
LiabilityForAsbestosAndEnvironmentalClaimsNetIncurredLoss1
1400000 USD
CY2018Q1 us-gaap Liability For Asbestos And Environmental Claims Net Incurred Loss1
LiabilityForAsbestosAndEnvironmentalClaimsNetIncurredLoss1
2100000 USD
CY2019Q1 us-gaap Insurance Recoveries
InsuranceRecoveries
76000000.0 USD
CY2019Q1 lii Sitecleanupandremediation
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17100000 USD
CY2019Q1 lii Factoryinefficiencies
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4000000.0 USD
CY2019Q1 us-gaap Other Nonrecurring Expense
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8500000 USD
CY2019Q1 lii Totalexpenseduetonaturaldisaster
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29600000 USD
CY2019Q1 lii Net Lossgainfromnaturaldisasternetof Insurancerecoveries
NetLossgainfromnaturaldisasternetofInsurancerecoveries
46400000 USD
CY2019Q1 lii Lossgainfromnaturaldisasternetof Insurancerecoveries
LossgainfromnaturaldisasternetofInsurancerecoveries
-6900000 USD
CY2019Q1 lii Insuranceproceedsforlostprofits
Insuranceproceedsforlostprofits
39500000 USD
CY2019Q1 lii Percentage Of Maximum Available Amount Used To Charge Unused Fee
PercentageOfMaximumAvailableAmountUsedToChargeUnusedFee
1.01
CY2019Q1 us-gaap Capital Lease Obligations Current
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6300000 USD
CY2018Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
3500000 USD
CY2019Q1 us-gaap Deferred Finance Costs Current Gross
DeferredFinanceCostsCurrentGross
700000 USD
CY2018Q4 us-gaap Deferred Finance Costs Current Gross
DeferredFinanceCostsCurrentGross
700000 USD
CY2019Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
237600000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
300800000 USD
CY2019Q1 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
22300000 USD
CY2018Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
15700000 USD
CY2019Q1 us-gaap Deferred Finance Costs Noncurrent Gross
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2800000 USD
CY2018Q4 us-gaap Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
3200000 USD
CY2019Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1059000000.0 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
740500000 USD
CY2019Q1 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1296600000 USD
CY2018Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1041300000 USD
CY2019Q1 lii Maximum Securitization As Percentage Of Net Pool Balance
MaximumSecuritizationAsPercentageOfNetPoolBalance
1
CY2019Q1 lii Eligible Amount Available Under Asset Securitization
EligibleAmountAvailableUnderAssetSecuritization
225000000.0 USD
CY2018Q4 lii Eligible Amount Available Under Asset Securitization
EligibleAmountAvailableUnderAssetSecuritization
290000000.0 USD
CY2019Q1 lii Beneficial Interests Soldunder Asset Securitization
BeneficialInterestsSoldunderAssetSecuritization
224500000 USD
CY2018Q4 lii Beneficial Interests Soldunder Asset Securitization
BeneficialInterestsSoldunderAssetSecuritization
268000000.0 USD
CY2019Q1 lii Asset Securitization Borrowing Capacity
AssetSecuritizationBorrowingCapacity
500000 USD
CY2018Q4 lii Asset Securitization Borrowing Capacity
AssetSecuritizationBorrowingCapacity
22000000.0 USD
CY2019Q1 lii Program Fee
ProgramFee
0.0070
CY2019Q1 lii Average Floating Commercial Paper Rate
AverageFloatingCommercialPaperRate
0.0326
CY2018Q4 lii Average Floating Commercial Paper Rate
AverageFloatingCommercialPaperRate
0.0327
CY2019Q1 lii Fixed Rate Of Agreement
FixedRateOfAgreement
0.0035
CY2019Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5200000 USD
CY2018Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4800000 USD
CY2019Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
2500000000 USD
CY2018Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000 USD
CY2019Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
346000000 USD
CY2019Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
400000 shares
CY2019Q1 us-gaap Stock Repurchased During Period Value
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100000000.0 USD
CY2019Q1 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
100000 shares
CY2019Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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13500000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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-2100000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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0 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2019Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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3200000 USD
CY2019Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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8600000 USD
CY2019Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2019Q1 us-gaap Restructuring And Related Cost Incurred Cost
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500000 USD
CY2019Q1 us-gaap Restructuring And Related Cost Cost Incurred To Date1
RestructuringAndRelatedCostCostIncurredToDate1
22300000 USD
CY2019Q1 us-gaap Restructuring And Related Cost Expected Cost1
RestructuringAndRelatedCostExpectedCost1
22700000 USD
CY2019Q1 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
500000 USD
CY2019Q1 us-gaap Restructuring And Related Cost Cost Incurred To Date1
RestructuringAndRelatedCostCostIncurredToDate1
22300000 USD
CY2019Q1 us-gaap Restructuring And Related Cost Expected Cost1
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22700000 USD
CY2019Q1 us-gaap Net Income Loss
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69300000 USD
CY2018Q1 us-gaap Net Income Loss
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37900000 USD
CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-100000 USD
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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0 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations
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69400000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
37900000 USD
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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39700000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41500000 shares
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
400000 shares
CY2018Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
600000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40100000 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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42100000 shares
CY2019Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.75
CY2018Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.91
CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.75
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
CY2019Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.73
CY2018Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
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0.90
CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0
CY2019Q1 us-gaap Earnings Per Share Diluted
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1.73
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.90
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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100000 shares
CY2019Q1 us-gaap Subsidiary Of Limited Liability Company Or Limited Partnership Ownership Interest
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1
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
31700000 USD
CY2018Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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200000 shares
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Net Income Per Outstanding Unit Amount
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214.63
CY2018Q1 us-gaap Antidilutive Securities Excluded From Computation Of Net Income Per Outstanding Unit Amount
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205.53
CY2019Q1 us-gaap Number Of Reportable Segments
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3 Segment
CY2019Q1 us-gaap Revenues
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790300000 USD
CY2018Q1 us-gaap Revenues
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834800000 USD
CY2019Q1 lii Segment Profit And Loss
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98100000 USD
CY2018Q1 lii Segment Profit And Loss
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70800000 USD
CY2019Q1 lii Specialinventorywritedown
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0 USD
CY2018Q1 lii Specialinventorywritedown
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100000 USD
CY2019Q1 lii Gain Losson Dispositionof Businessand Related Property
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-8500000 USD
CY2018Q1 lii Gain Losson Dispositionof Businessand Related Property
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0 USD
CY2019Q1 us-gaap Gain Loss On Disposition Of Assets1
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0 USD
CY2018Q1 us-gaap Gain Loss On Disposition Of Assets1
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CY2019Q1 lii Lossgainfromnaturaldisasternetof Insurancerecoveries
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-6900000 USD
CY2018Q1 lii Lossgainfromnaturaldisasternetof Insurancerecoveries
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0 USD
CY2019Q1 lii Segment Reporting Reconciling Item In Losses And Other Expenses From Segment To Consolidated Amount
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CY2018Q1 lii Segment Reporting Reconciling Item In Losses And Other Expenses From Segment To Consolidated Amount
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CY2019Q1 us-gaap Restructuring Charges
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500000 USD
CY2018Q1 us-gaap Restructuring Charges
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900000 USD
CY2019Q1 us-gaap Operating Income Loss
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94700000 USD
CY2018Q1 us-gaap Operating Income Loss
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53000000.0 USD
CY2019Q1 us-gaap Assets
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2105700000 USD
CY2018Q4 us-gaap Assets
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1817200000 USD
CY2019Q1 us-gaap Receivables Net Current
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502600000 USD
CY2019Q1 us-gaap Inventory Net
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600100000 USD
CY2019Q1 us-gaap Other Assets Current
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86500000 USD
CY2019Q1 us-gaap Assets Current
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1220900000 USD
CY2019Q1 us-gaap Property Plant And Equipment Net
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411700000 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
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170100000 USD
CY2019Q1 us-gaap Goodwill
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186500000 USD
CY2019Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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CY2019Q1 us-gaap Deferred Tax Assets Net Noncurrent
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48500000 USD
CY2019Q1 us-gaap Other Assets Noncurrent
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68000000.0 USD
CY2019Q1 us-gaap Related Party Transaction Due From To Related Party
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CY2019Q1 us-gaap Assets
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2105700000 USD
CY2019Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
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237600000 USD
CY2019Q1 us-gaap Operating Lease Liability Current
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CY2019Q1 us-gaap Accounts Payable Current
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411900000 USD
CY2019Q1 us-gaap Accrued Liabilities Current
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219800000 USD
CY2019Q1 us-gaap Accrued Income Taxes Current
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CY2019Q1 us-gaap Liabilities Current
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CY2019Q1 us-gaap Long Term Debt And Capital Lease Obligations
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CY2019Q1 us-gaap Operating Lease Liability Noncurrent
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CY2019Q1 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
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CY2019Q1 us-gaap Other Liabilities Noncurrent
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129200000 USD
CY2019Q1 us-gaap Liabilities
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CY2019Q1 us-gaap Commitments And Contingencies
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CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2019Q1 us-gaap Liabilities And Stockholders Equity
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CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2018Q4 us-gaap Inventory Net
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CY2018Q4 us-gaap Other Assets Current
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CY2018Q4 us-gaap Assets Current
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CY2018Q4 us-gaap Property Plant And Equipment Net
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CY2018Q4 us-gaap Goodwill
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CY2018Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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CY2018Q4 us-gaap Deferred Tax Assets Net Noncurrent
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65900000 USD
CY2018Q4 us-gaap Related Party Transaction Due From To Related Party
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CY2018Q4 us-gaap Assets
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CY2018Q4 us-gaap Short Term Borrowings
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CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
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300800000 USD
CY2018Q4 us-gaap Accounts Payable Current
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433300000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
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272300000 USD
CY2018Q4 us-gaap Accrued Income Taxes Current
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2100000 USD
CY2018Q4 us-gaap Liabilities Current
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1008500000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
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740500000 USD
CY2018Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
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82800000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
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135000000.0 USD
CY2018Q4 us-gaap Liabilities
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1966800000 USD
CY2018Q4 us-gaap Commitments And Contingencies
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CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2018Q4 us-gaap Liabilities And Stockholders Equity
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1817200000 USD
CY2019Q1 us-gaap Revenues
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790300000 USD
CY2019Q1 us-gaap Cost Of Goods And Services Sold
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588700000 USD
CY2019Q1 us-gaap Gross Profit
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201600000 USD
CY2019Q1 us-gaap Selling General And Administrative Expense
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145800000 USD
CY2019Q1 us-gaap Other Operating Income Expense Net
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CY2019Q1 us-gaap Restructuring Charges
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500000 USD
CY2019Q1 lii Gain Losson Dispositionof Businessand Related Property
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-8500000 USD
CY2019Q1 lii Insuranceproceedsforlostprofits
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39500000 USD
CY2019Q1 lii Lossgainfromnaturaldisasternetof Insurancerecoveries
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CY2019Q1 us-gaap Income Loss From Equity Method Investments
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2600000 USD
CY2019Q1 us-gaap Operating Income Loss
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94700000 USD
CY2019Q1 us-gaap Interest Expense
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10900000 USD
CY2019Q1 us-gaap Other Nonoperating Income Expense
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CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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83000000.0 USD
CY2019Q1 us-gaap Income Tax Expense Benefit
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13600000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations
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69400000 USD
CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2019Q1 us-gaap Net Income Loss
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69300000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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8600000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
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77900000 USD
CY2018Q1 us-gaap Revenues
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834800000 USD
CY2018Q1 us-gaap Cost Of Goods And Services Sold
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611600000 USD
CY2018Q1 us-gaap Gross Profit
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223200000 USD
CY2018Q1 us-gaap Selling General And Administrative Expense
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155200000 USD
CY2018Q1 us-gaap Other Operating Income Expense Net
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CY2018Q1 us-gaap Restructuring Charges
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900000 USD
CY2018Q1 us-gaap Gain Loss On Disposition Of Assets1
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CY2018Q1 us-gaap Income Loss From Equity Method Investments
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3500000 USD
CY2018Q1 us-gaap Operating Income Loss
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53000000.0 USD
CY2018Q1 us-gaap Interest Expense
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8400000 USD
CY2018Q1 us-gaap Other Nonoperating Income Expense
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CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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44000000.0 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
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6100000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations
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37900000 USD
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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0 USD
CY2018Q1 us-gaap Net Income Loss
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37900000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-23900000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax
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14000000.0 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2019Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
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300000 USD
CY2019Q1 us-gaap Payments To Acquire Property Plant And Equipment
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37200000 USD
CY2019Q1 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
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43600000 USD
CY2019Q1 lii Insurancerecoveriesreceivedforpropertydamageincurredfromnaturaldisaster
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6900000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
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13600000 USD
CY2019Q1 us-gaap Repayments Of Other Debt
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43500000 USD
CY2019Q1 us-gaap Repayments Of Long Term Debt
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31700000 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Long Term Debt
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3300000 USD
CY2019Q1 us-gaap Proceeds From Long Term Lines Of Credit
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844500000 USD
CY2019Q1 us-gaap Repayments Of Long Term Lines Of Credit
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525500000 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
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800000 USD
CY2019Q1 us-gaap Payments For Repurchase Of Common Stock
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100000000.0 USD
CY2019Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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13500000 USD
CY2019Q1 lii Increase Decreasein Intercompany Loans
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0 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable Related Parties
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0 USD
CY2019Q1 us-gaap Payments Of Dividends Common Stock
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25500000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
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108900000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-18500000 USD
CY2019Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
3900000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
46300000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
31700000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-83500000 USD
CY2018Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
100000 USD
CY2018Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
22700000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-22600000 USD
CY2018Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-100000 USD
CY2018Q1 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
51000000.0 USD
CY2018Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
10200000 USD
CY2018Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
790000000.0 USD
CY2018Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
444100000 USD
CY2018Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
800000 USD
CY2018Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
150000000.0 USD
CY2018Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
18100000 USD
CY2018Q1 lii Increase Decreasein Intercompany Loans
IncreaseDecreaseinIntercompanyLoans
0 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
0 USD
CY2018Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
21300000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
96000000.0 USD
CY2018Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-10100000 USD
CY2018Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1000000.0 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
68200000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
57100000 USD

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