$MEI
METHODE ELECTRONICS INC

2019 Q4 Form 10-Q Financial Statement

#000006527019000040 Filed on December 05, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2018 Q4 2018 Q3
Revenue $257.2M $264.0M $223.4M
YoY Change -2.58% 14.73% 11.03%
Cost Of Revenue $188.6M $193.2M $163.3M
YoY Change -2.38% 14.93% 12.16%
Gross Profit $68.60M $70.80M $60.10M
YoY Change -3.11% 14.19% 8.09%
Gross Profit Margin 26.67% 26.82% 26.9%
Selling, General & Admin $33.20M $48.00M $29.50M
YoY Change -30.83% 53.85% -0.34%
% of Gross Profit 48.4% 67.8% 49.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.200M $6.300M $6.500M
YoY Change 14.29% -13.7% 30.0%
% of Gross Profit 10.5% 8.9% 10.82%
Operating Expenses $33.20M $48.00M $29.50M
YoY Change -30.83% 53.85% -0.34%
Operating Profit $30.70M $19.10M $28.70M
YoY Change 60.73% -35.69% 12.99%
Interest Expense -$2.300M -$1.600M $200.0K
YoY Change 43.75% 700.0% -200.0%
% of Operating Profit -7.49% -8.38% 0.7%
Other Income/Expense, Net $1.000M $100.0K -$300.0K
YoY Change 900.0% -125.0% -62.5%
Pretax Income $29.00M $17.60M $28.20M
YoY Change 64.77% -39.52% 13.71%
Income Tax $5.200M $3.000M $4.500M
% Of Pretax Income 17.93% 17.05% 15.96%
Net Earnings $23.80M $14.60M $23.70M
YoY Change 63.01% -39.67% 15.61%
Net Earnings / Revenue 9.25% 5.53% 10.61%
Basic Earnings Per Share $0.63 $0.39 $0.63
Diluted Earnings Per Share $0.63 $0.39 $0.63
COMMON SHARES
Basic Shares Outstanding 37.59M 37.41M shares 37.35M shares
Diluted Shares Outstanding 37.74M 37.67M shares 37.64M shares

Balance Sheet

Concept 2019 Q4 2018 Q4 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $95.60M $110.9M $228.5M
YoY Change -13.8% -57.12% -23.3%
Cash & Equivalents $95.60M $110.9M $228.5M
Short-Term Investments
Other Short-Term Assets $18.70M $21.70M $15.90M
YoY Change -13.82% 36.48% -16.75%
Inventory $133.8M $118.3M $88.50M
Prepaid Expenses
Receivables $205.3M $229.8M $181.1M
Other Receivables $12.00M $10.40M $9.900M
Total Short-Term Assets $465.4M $491.1M $523.9M
YoY Change -5.23% -13.68% -4.21%
LONG-TERM ASSETS
Property, Plant & Equipment $198.1M $187.9M $165.3M
YoY Change 5.43% 48.07% 40.8%
Goodwill $233.6M $233.9M $58.80M
YoY Change -0.13% 250.15% 226.67%
Intangibles $255.8M $275.1M $58.20M
YoY Change -7.02% 386.04% 221.55%
Long-Term Investments
YoY Change
Other Assets $817.3M $591.5M $203.6M
YoY Change 38.17% 192.1% 70.95%
Total Long-Term Assets $817.3M $779.4M $368.9M
YoY Change 4.86% 136.61% 55.98%
TOTAL ASSETS
Total Short-Term Assets $465.4M $491.1M $523.9M
Total Long-Term Assets $817.3M $779.4M $368.9M
Total Assets $1.283B $1.271B $892.8M
YoY Change 0.96% 41.43% 13.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $97.10M $105.6M $79.00M
YoY Change -8.05% 6.34% -2.71%
Accrued Expenses $56.80M $54.50M $39.00M
YoY Change 4.22% 34.24% 10.17%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $15.30M $3.900M
YoY Change -100.0% 565.22% 2.63%
Long-Term Debt Due $15.20M $15.30M $3.900M
YoY Change -0.65% 565.22% 2.63%
Total Short-Term Liabilities $184.3M $192.2M $136.8M
YoY Change -4.11% 26.2% 8.14%
LONG-TERM LIABILITIES
Long-Term Debt $259.9M $342.3M $49.20M
YoY Change -24.07% 224.45% 3.36%
Other Long-Term Liabilities $17.00M $4.200M $4.400M
YoY Change 304.76% -49.4% -31.25%
Total Long-Term Liabilities $365.8M $4.200M $4.400M
YoY Change 8609.52% -49.4% -31.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $184.3M $192.2M $136.8M
Total Long-Term Liabilities $365.8M $4.200M $4.400M
Total Liabilities $550.1M $627.2M $260.6M
YoY Change -12.29% 115.16% 34.33%
SHAREHOLDERS EQUITY
Retained Earnings $588.5M $500.0M $490.0M
YoY Change 17.7% 6.97% 9.72%
Common Stock $19.20M $19.20M $19.20M
YoY Change 0.0% 0.52% 0.52%
Preferred Stock
YoY Change
Treasury Stock (at cost) $11.50M $11.50M $11.50M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 1.347M shares 1.347M shares 1.347M shares
Shareholders Equity $732.6M $643.3M $632.2M
YoY Change
Total Liabilities & Shareholders Equity $1.283B $1.271B $892.8M
YoY Change 0.96% 41.43% 13.96%

Cashflow Statement

Concept 2019 Q4 2018 Q4 2018 Q3
OPERATING ACTIVITIES
Net Income $23.80M $14.60M $23.70M
YoY Change 63.01% -39.67% 15.61%
Depreciation, Depletion And Amortization $7.200M $6.300M $6.500M
YoY Change 14.29% -13.7% 30.0%
Cash From Operating Activities $48.70M $16.20M $20.00M
YoY Change 200.62% -25.0% -15.25%
INVESTING ACTIVITIES
Capital Expenditures -$13.60M -$10.40M $18.20M
YoY Change 30.77% 23.81% 127.5%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $600.0K -$420.9M $0.00
YoY Change -100.14% 290.81% -100.0%
Cash From Investing Activities -$13.00M -$431.3M -$18.20M
YoY Change -96.99% 271.49% -39.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -12.30M 300.5M -$9.400M
YoY Change -104.09% 428.12% 64.91%
NET CHANGE
Cash From Operating Activities 48.70M 16.20M $20.00M
Cash From Investing Activities -13.00M -431.3M -$18.20M
Cash From Financing Activities -12.30M 300.5M -$9.400M
Net Change In Cash 23.40M -114.6M -$17.60M
YoY Change -120.42% 204.79% 46.67%
FREE CASH FLOW
Cash From Operating Activities $48.70M $16.20M $20.00M
Capital Expenditures -$13.60M -$10.40M $18.20M
Free Cash Flow $62.30M $26.60M $1.800M
YoY Change 134.21% -11.33% -88.46%

Facts In Submission

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CY2018Q4 us-gaap Dividends Cash
DividendsCash
4600000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
643300000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
689700000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-400000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4000000.0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-4400000 USD
us-gaap Net Income Loss
NetIncomeLoss
52100000 USD
us-gaap Dividends Cash
DividendsCash
8400000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
732600000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
630000000.0 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-1700000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10900000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-25600000 USD
us-gaap Net Income Loss
NetIncomeLoss
38300000 USD
us-gaap Dividends Cash
DividendsCash
8700000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
643300000 USD
us-gaap Net Income Loss
NetIncomeLoss
52100000 USD
us-gaap Net Income Loss
NetIncomeLoss
38300000 USD
mei Changein Cash Surrender Valueof Life Insurance
ChangeinCashSurrenderValueofLifeInsurance
300000 USD
mei Changein Cash Surrender Valueof Life Insurance
ChangeinCashSurrenderValueofLifeInsurance
0 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
300000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
200000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
700000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
500000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
us-gaap Depreciation
Depreciation
14200000 USD
us-gaap Depreciation
Depreciation
12800000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9500000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5600000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4000000.0 USD
us-gaap Share Based Compensation
ShareBasedCompensation
10900000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
100000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-400000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
400000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-10700000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8200000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
18100000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5200000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
10200000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
13200000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5700000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4000000.0 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
67800000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
36200000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
26800000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
28600000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
421600000 USD
us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
600000 USD
us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
700000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-26200000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-449500000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
400000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1700000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
300000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
0 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
8200000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
8600000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
26400000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
348000000.0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
44200000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
46600000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-26700000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
291100000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2500000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-13000000.0 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
12400000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-135200000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
83200000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
246100000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
95600000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
110900000 USD
us-gaap Interest Paid Net
InterestPaidNet
5600000 USD
us-gaap Interest Paid Net
InterestPaidNet
1600000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
10900000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
14900000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</span></div><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and the accompanying notes. Actual results could differ from these estimates.</span></div>
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
900000 USD
CY2019Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
800000 USD
us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
-800000 USD
us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
300000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
0 USD
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
257200000 USD
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
257200000 USD
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
264000000.0 USD
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
264000000.0 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
527400000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
527400000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
487400000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
487400000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
800000 USD
CY2019Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
2300000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
4800000 USD
CY2019Q4 us-gaap Variable Lease Cost
VariableLeaseCost
200000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
400000 USD
CY2019Q4 us-gaap Lease Cost
LeaseCost
2500000 USD
us-gaap Lease Cost
LeaseCost
5200000 USD
CY2018Q4 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
1500000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
3100000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
4300000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5100000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y9M18D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0467
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
4200000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
6400000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5900000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5200000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
4000000.0 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
8000000.0 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
33700000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4400000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
29300000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
7800000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
5600000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
4900000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
4200000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
3300000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
8400000 USD
CY2019Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
475600000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
293400000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
55800000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
34200000 USD
CY2018Q4 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
285500000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
556200000 USD
CY2018Q4 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
26100000 USD
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
29000000.0 USD
CY2018Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
17600000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
64600000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
45800000 USD
CY2019Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5200000 USD
CY2018Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3000000.0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12500000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7500000 USD
CY2019Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.179
CY2018Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.170
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.193
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.164
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5200000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3100000 USD
CY2019Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
80400000 USD
CY2019Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
67100000 USD
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
11800000 USD
CY2019Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
9400000 USD
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
41600000 USD
CY2019Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
40200000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
133800000 USD
CY2019Q2 us-gaap Inventory Net
InventoryNet
116700000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
491500000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
198100000 USD
CY2019Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
283700000 USD
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
191900000 USD
CY2019Q4 us-gaap Depreciation
Depreciation
7200000 USD
CY2018Q4 us-gaap Depreciation
Depreciation
6300000 USD
us-gaap Depreciation
Depreciation
14200000 USD
us-gaap Depreciation
Depreciation
12800000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1500000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6400000 USD
CY2019Q4 us-gaap Preproduction Costs Related To Long Term Supply Arrangements Asset For Molds Dies And Tools Not Owned
PreproductionCostsRelatedToLongTermSupplyArrangementsAssetForMoldsDiesAndToolsNotOwned
39000000.0 USD
CY2019Q2 us-gaap Preproduction Costs Related To Long Term Supply Arrangements Asset For Molds Dies And Tools Not Owned
PreproductionCostsRelatedToLongTermSupplyArrangementsAssetForMoldsDiesAndToolsNotOwned
32800000 USD
CY2019Q4 us-gaap Preproduction Costs Related To Long Term Supply Arrangements Costs Capitalized
PreproductionCostsRelatedToLongTermSupplyArrangementsCostsCapitalized
16300000 USD
CY2019Q2 us-gaap Preproduction Costs Related To Long Term Supply Arrangements Costs Capitalized
PreproductionCostsRelatedToLongTermSupplyArrangementsCostsCapitalized
15000000.0 USD
CY2019Q4 us-gaap Goodwill
Goodwill
233600000 USD
CY2019Q2 us-gaap Goodwill
Goodwill
233300000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
320400000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
66400000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
254000000.0 USD
CY2019Q4 mei Indefinitelived Intangible Assets Excluding Goodwill Gross
IndefinitelivedIntangibleAssetsExcludingGoodwillGross
1800000 USD
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1800000 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
322200000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
66400000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
255800000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
320000000.0 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
56900000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
263100000 USD
CY2019Q2 mei Indefinitelived Intangible Assets Excluding Goodwill Gross
IndefinitelivedIntangibleAssetsExcludingGoodwillGross
1800000 USD
CY2019Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1800000 USD
CY2019Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
321800000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
56900000 USD
CY2019Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
264900000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
9600000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
19000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
19000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
19000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
18600000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
168800000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
254000000.0 USD
CY2019Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
2600000 USD
CY2019Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
2900000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
275100000 USD
CY2019Q2 us-gaap Long Term Debt
LongTermDebt
292600000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
15200000 USD
CY2019Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
15700000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
259900000 USD
CY2019Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
276900000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
23800000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
14600000 USD
us-gaap Net Income Loss
NetIncomeLoss
52100000 USD
us-gaap Net Income Loss
NetIncomeLoss
38300000 USD
CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37587742 shares
CY2018Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37405550 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37561098 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37377997 shares
CY2019Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
151446 shares
CY2018Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
268172 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
142025 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
270051 shares
CY2019Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37739188 shares
CY2018Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37673722 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37703123 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37648048 shares
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.63
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.02
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.38
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.02
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
257200000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
30700000 USD
CY2019Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-2700000 USD
CY2019Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1000000.0 USD
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
29000000.0 USD
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
264000000.0 USD
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
19100000 USD
CY2018Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1600000 USD
CY2018Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
100000 USD
CY2018Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
17600000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
527400000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
69300000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-5600000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
900000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
64600000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
487400000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
47800000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1800000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-200000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
45800000 USD

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