2014 Q2 Form 10-Q Financial Statement
#000076952014000006 Filed on August 07, 2014
Income Statement
| Concept | 2014 Q2 | 2014 Q1 | 2013 Q2 |
|---|---|---|---|
| Revenue | $424.8M | $372.5M | $363.8M |
| YoY Change | 16.76% | 13.75% | 39.9% |
| Cost Of Revenue | $258.6M | $229.5M | $227.2M |
| YoY Change | 13.81% | 11.31% | 43.61% |
| Gross Profit | $166.2M | $143.0M | $136.6M |
| YoY Change | 21.67% | 17.9% | 34.14% |
| Gross Profit Margin | 39.12% | 38.39% | 37.54% |
| Selling, General & Admin | $90.44M | $87.04M | $76.25M |
| YoY Change | 18.6% | 10.08% | 35.01% |
| % of Gross Profit | 54.42% | 60.88% | 55.83% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $10.79M | $10.52M | $11.79M |
| YoY Change | -8.49% | -24.97% | 80.28% |
| % of Gross Profit | 6.49% | 7.36% | 8.64% |
| Operating Expenses | $90.44M | $87.04M | $76.25M |
| YoY Change | 18.6% | 10.08% | 35.01% |
| Operating Profit | $75.74M | $55.93M | $60.33M |
| YoY Change | 25.55% | 32.56% | 33.06% |
| Interest Expense | -$4.200M | -$4.000M | -$4.000M |
| YoY Change | 5.0% | 17.65% | 100.0% |
| % of Operating Profit | -5.55% | -7.15% | -6.63% |
| Other Income/Expense, Net | -$195.0K | -$865.0K | -$391.0K |
| YoY Change | -50.13% | 306.1% | -202.89% |
| Pretax Income | $71.38M | $51.08M | $55.89M |
| YoY Change | 27.71% | 32.51% | 27.74% |
| Income Tax | $22.97M | $17.64M | $18.73M |
| % Of Pretax Income | 32.18% | 34.53% | 33.5% |
| Net Earnings | $48.41M | $33.45M | $37.16M |
| YoY Change | 30.25% | 29.12% | 19.71% |
| Net Earnings / Revenue | 11.4% | 8.98% | 10.22% |
| Basic Earnings Per Share | $0.85 | $0.59 | $0.67 |
| Diluted Earnings Per Share | $0.85 | $0.59 | $0.67 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 56.87M shares | 56.46M shares | 55.76M shares |
| Diluted Shares Outstanding | 56.87M shares | 56.46M shares | 55.84M shares |
Balance Sheet
| Concept | 2014 Q2 | 2014 Q1 | 2013 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $32.30M | $39.10M | $34.40M |
| YoY Change | -6.1% | -10.73% | -2.27% |
| Cash & Equivalents | $32.26M | $39.05M | $34.41M |
| Short-Term Investments | |||
| Other Short-Term Assets | $89.30M | $105.6M | $85.30M |
| YoY Change | 4.69% | 52.16% | 52.59% |
| Inventory | $260.0M | $260.5M | $204.2M |
| Prepaid Expenses | |||
| Receivables | $229.8M | $224.2M | $194.2M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $611.3M | $629.3M | $518.1M |
| YoY Change | 17.99% | 28.38% | 42.61% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $130.7M | $127.2M | $111.8M |
| YoY Change | 16.9% | -8.67% | 79.7% |
| Goodwill | $719.3M | $701.8M | $690.5M |
| YoY Change | 4.17% | 5.13% | 42.47% |
| Intangibles | $441.5M | $445.8M | $376.5M |
| YoY Change | 17.26% | 17.49% | 66.48% |
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $20.02M | $8.805M | $13.70M |
| YoY Change | 46.2% | -58.55% | 190.09% |
| Total Long-Term Assets | $154.0M | $138.9M | $125.5M |
| YoY Change | 22.76% | -13.48% | 87.48% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $611.3M | $629.3M | $518.1M |
| Total Long-Term Assets | $154.0M | $138.9M | $125.5M |
| Total Assets | $1.926B | $1.916B | $1.711B |
| YoY Change | 12.6% | 12.85% | 49.91% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $105.3M | $100.7M | $92.87M |
| YoY Change | 13.42% | 13.3% | 39.6% |
| Accrued Expenses | $202.6M | $193.2M | $179.2M |
| YoY Change | 13.02% | -3.13% | 21.67% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $8.210M | $6.900M | $624.0K |
| YoY Change | 1215.71% | 313.42% | -89.04% |
| Total Short-Term Liabilities | $316.1M | $300.8M | $272.7M |
| YoY Change | 15.91% | 3.73% | 24.23% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $584.5M | $648.5M | $617.4M |
| YoY Change | -5.33% | 1.85% | 129.94% |
| Other Long-Term Liabilities | $42.03M | $38.48M | $51.26M |
| YoY Change | -18.01% | -27.32% | 10.46% |
| Total Long-Term Liabilities | $626.5M | $687.0M | $668.7M |
| YoY Change | -6.3% | -0.39% | 112.34% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $316.1M | $300.8M | $272.7M |
| Total Long-Term Liabilities | $626.5M | $687.0M | $668.7M |
| Total Liabilities | $942.6M | $987.9M | $941.4M |
| YoY Change | 0.13% | 0.83% | 76.15% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $812.2M | $763.8M | $639.5M |
| YoY Change | 27.01% | 26.81% | 25.67% |
| Common Stock | $144.0K | $144.0K | $144.0K |
| YoY Change | 0.0% | 2.13% | 3.6% |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | $196.0M | $196.0M | $149.1M |
| YoY Change | 31.49% | 32.05% | 5.62% |
| Treasury Stock Shares | 4.817M shares | 4.817M shares | 4.649M shares |
| Shareholders Equity | $911.0M | $856.3M | $724.6M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $1.926B | $1.916B | $1.711B |
| YoY Change | 12.6% | 12.85% | 49.91% |
Cashflow Statement
| Concept | 2014 Q2 | 2014 Q1 | 2013 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $48.41M | $33.45M | $37.16M |
| YoY Change | 30.25% | 29.12% | 19.71% |
| Depreciation, Depletion And Amortization | $10.79M | $10.52M | $11.79M |
| YoY Change | -8.49% | -24.97% | 80.28% |
| Cash From Operating Activities | $75.30M | -$13.56M | $10.50M |
| YoY Change | 617.14% | -200.2% | -75.86% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$3.800M | $3.231M | -$9.200M |
| YoY Change | -58.7% | -17.64% | 513.33% |
| Acquisitions | $15.00M | ||
| YoY Change | |||
| Other Investing Activities | -$15.00M | -$45.70M | -$2.600M |
| YoY Change | 476.92% | -87.9% | 271.43% |
| Cash From Investing Activities | -$18.70M | -$48.96M | -$11.70M |
| YoY Change | 59.83% | -87.18% | 431.82% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | $44.28M | ||
| YoY Change | 4007.88% | ||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -62.80M | $64.62M | -8.100M |
| YoY Change | 675.31% | -82.93% | -75.96% |
| NET CHANGE | |||
| Cash From Operating Activities | 75.30M | -$13.56M | 10.50M |
| Cash From Investing Activities | -18.70M | -$48.96M | -11.70M |
| Cash From Financing Activities | -62.80M | $64.62M | -8.100M |
| Net Change In Cash | -6.200M | $2.101M | -9.300M |
| YoY Change | -33.33% | -79.44% | -222.37% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $75.30M | -$13.56M | $10.50M |
| Capital Expenditures | -$3.800M | $3.231M | -$9.200M |
| Free Cash Flow | $79.10M | -$16.79M | $19.70M |
| YoY Change | 301.52% | -274.74% | -56.22% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
96518000 | USD |
| CY2014Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
105329000 | USD |
| CY2013Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
205264000 | USD |
| CY2014Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
229795000 | USD |
| CY2013Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
213459000 | USD |
| CY2014Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
202565000 | USD |
| CY2014Q2 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
6741000 | USD |
| CY2013Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
7441000 | USD |
| CY2013Q4 | us-gaap |
Accrued Sales Commission Current
AccruedSalesCommissionCurrent
|
9767000 | USD |
| CY2014Q2 | us-gaap |
Accrued Sales Commission Current
AccruedSalesCommissionCurrent
|
12242000 | USD |
| CY2013Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
73329000 | USD |
| CY2014Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
75893000 | USD |
| CY2013Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
|
7500000 | USD |
| CY2013Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-8635000 | USD |
| CY2014Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-5221000 | USD |
| CY2013Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
268229000 | USD |
| CY2014Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
299911000 | USD |
| CY2014Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
8117000 | USD |
| CY2013Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
6987000 | USD |
| CY2014Q2 | us-gaap |
Assets
Assets
|
1926099000 | USD |
| CY2013Q4 | us-gaap |
Assets
Assets
|
1819206000 | USD |
| CY2013Q2 | us-gaap |
Assets
Assets
|
1710551000 | USD |
| CY2013Q4 | us-gaap |
Assets Current
AssetsCurrent
|
545734000 | USD |
| CY2014Q2 | us-gaap |
Assets Current
AssetsCurrent
|
611338000 | USD |
| CY2013Q4 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
125478000 | USD |
| CY2014Q2 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
154035000 | USD |
| CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
36894000 | USD |
| CY2014Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
32258000 | USD |
| CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
34366000 | USD |
| CY2013Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
34406000 | USD |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
40000 | USD | |
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-4636000 | USD | |
| us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
3000 | USD | |
| CY2014Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2014Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
47500000 | shares |
| CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
47500000 | shares |
| CY2014Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
23906472 | shares |
| CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
23786203 | shares |
| CY2013Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
144000 | USD |
| CY2014Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
144000 | USD |
| CY2014Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
50038000 | USD |
| us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
56252000 | USD | |
| us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
85264000 | USD | |
| CY2013Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
35174000 | USD |
| CY2013Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
227227000 | USD |
| CY2014Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
258602000 | USD |
| us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
488104000 | USD | |
| us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
433410000 | USD | |
| CY2013Q4 | us-gaap |
Customer Deposits Current
CustomerDepositsCurrent
|
31276000 | USD |
| CY2014Q2 | us-gaap |
Customer Deposits Current
CustomerDepositsCurrent
|
26142000 | USD |
| CY2014Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
592698000 | USD |
| CY2013Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
571598000 | USD |
| CY2013Q4 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
571598000 | USD |
| CY2014Q2 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
592698000 | USD |
| us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1822000 | USD | |
| us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
13676000 | USD | |
| CY2014Q2 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
48687000 | USD |
| CY2013Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
50337000 | USD |
| CY2014Q2 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
3337000 | USD |
| CY2013Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
1641000 | USD |
| CY2013Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
61433000 | USD |
| CY2014Q2 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
72468000 | USD |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
21314000 | USD | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
25817000 | USD | |
| CY2013Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
11794000 | USD |
| CY2014Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
10793000 | USD |
| us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Recently Issued Accounting Standards</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2013, the Financial Accounting Standards Board ("FASB") issued ASU No. 2013-01, “Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities". This update provides clarification on the disclosure requirements related to recognized derivatives, repurchase agreements and reverse purchase agreements, and securities borrowing and lending transactions. This update is effective for annual reporting periods and corresponding interim periods beginning on or after January 1, 2013, and retrospective application is required. The adoption of this guidance did not have an impact on the company's financial position, results of operations and cash flows. </font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2013, the FASB issued ASU No. 2013-02, “Comprehensive Income - Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income".  ASU No. 2013-02 requires an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. Additionally, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income. The guidance does not change the items reported in other comprehensive income or when an item of other comprehensive income is reclassified to net income. The company adopted the provisions of ASU No. 2013-02 on December 30, 2012.  As this guidance only revises the presentation of comprehensive income, there was no impact to the company’s financial position, results of operations or cash flows. </font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the FASB issued ASU No. 2014-08, “Presentation of Financial Statements and Property, Plant and Equipment: Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity”. This update changes the criteria for determining which disposals can be presented as discontinued operations and requires expanded disclosures. Under ASU No. 2014-08, a disposal of a component of an entity or group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has (or will have) a major effect on the entity’s operations and financial results. This update is effective for annual and corresponding interim reporting periods beginning on or after December 15, 2014. Early adoption is permitted, but only for disposals (or classifications as held for sale) that have not been reported in the financial statements previously issued. The company is evaluating the impact the application of this ASU will have on the company’s financial position, results of operations and cash flows. </font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers”. This update amends the current guidance on revenue recognition related to contracts with customers. Under ASU No. 2014-09, an entity should recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU No. 2014-09 also requires additional disclosure about the nature, amount, timing, and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. This update is effective for annual and corresponding interim reporting periods beginning on or after December 15, 2016. Early adoption is not permitted. This update provides for two transition methods to the new guidance: a full retrospective or a modified retrospective adoption. The company is evaluating the transition methods and the impact the application of this ASU will have on the company’s financial position, results of operations and cash flows.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In June 2014, the FASB issued ASU No. 2014-12, “Compensation - Stock Compensation”. This update requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant date fair value of the award. This update is effective for annual and corresponding interim reporting periods beginning on or after December 15, 2015. Early adoption is permitted. The company is evaluating the impact the application of this ASU will have on the company’s financial position, results of operations and cash flows.</font></div></div> | ||
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.44 | ||
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.14 | ||
| CY2014Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.85 | |
| CY2013Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.67 | |
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.44 | ||
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.13 | ||
| CY2014Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.85 | |
| CY2013Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.67 | |
| us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-350000 | USD | |
| us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-832000 | USD | |
| us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
24986000 | USD | |
| us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
11115000 | USD | |
| CY2014Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
44630000 | USD |
| CY2013Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
56544000 | USD |
| CY2014Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
42333000 | USD |
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
80532000 | USD | |
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
82406000 | USD | |
| CY2013Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
37611000 | USD |
| CY2014Q2 | us-gaap |
Goodwill
Goodwill
|
719265000 | USD |
| CY2013Q4 | us-gaap |
Goodwill
Goodwill
|
687955000 | USD |
| us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
30108000 | USD | |
| us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
-1148000 | USD | |
| CY2014Q2 | us-gaap |
Gross Profit
GrossProfit
|
166174000 | USD |
| us-gaap |
Gross Profit
GrossProfit
|
309150000 | USD | |
| CY2013Q2 | us-gaap |
Gross Profit
GrossProfit
|
136574000 | USD |
| us-gaap |
Gross Profit
GrossProfit
|
257842000 | USD | |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
94436000 | USD | |
| CY2014Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
71375000 | USD |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
122456000 | USD | |
| CY2013Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
55888000 | USD |
| CY2013Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
18725000 | USD |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
40606000 | USD | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
31371000 | USD | |
| CY2014Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
22970000 | USD |
| us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
10400000 | USD | |
| us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
26600000 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
3818000 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-7000000 | USD | |
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
20297000 | USD | |
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
11817000 | USD | |
| us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-21577000 | USD | |
| us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-26680000 | USD | |
| us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
10596000 | USD | |
| us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
10581000 | USD | |
| us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
21592000 | USD | |
| us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
8140000 | USD | |
| CY2013Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
447944000 | USD |
| CY2014Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
441461000 | USD |
| CY2014Q2 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
4169000 | USD |
| us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
7480000 | USD | |
| us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
8156000 | USD | |
| CY2013Q2 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
4046000 | USD |
| us-gaap |
Interest Paid
InterestPaid
|
7800000 | USD | |
| us-gaap |
Interest Paid
InterestPaid
|
6900000 | USD | |
| CY2014Q2 | us-gaap |
Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
|
1500000 | USD |
| CY2014Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
125178000 | USD |
| CY2013Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
89358000 | USD |
| CY2013Q4 | us-gaap |
Inventory Gross
InventoryGross
|
220116000 | USD |
| CY2014Q2 | us-gaap |
Inventory Gross
InventoryGross
|
260033000 | USD |
| CY2014Q2 | us-gaap |
Inventory Net
InventoryNet
|
260033000 | USD |
| CY2013Q4 | us-gaap |
Inventory Net
InventoryNet
|
220116000 | USD |
| CY2014Q2 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
116697000 | USD |
| CY2013Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
110310000 | USD |
| CY2013Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
20448000 | USD |
| CY2014Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
18158000 | USD |
| CY2014Q2 | us-gaap |
Lifo Inventory Amount
LIFOInventoryAmount
|
28400000 | USD |
| CY2013Q4 | us-gaap |
Lifo Inventory Amount
LIFOInventoryAmount
|
22300000 | USD |
| CY2014Q2 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
10500000 | USD |
| CY2014Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1926099000 | USD |
| CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1819206000 | USD |
| CY2014Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
316104000 | USD |
| CY2013Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
311385000 | USD |
| CY2014Q2 | us-gaap |
Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
|
583000000 | USD |
| CY2013Q4 | us-gaap |
Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
|
568600000 | USD |
| us-gaap |
Line Of Credit Facility Commitment Fee Percentage
LineOfCreditFacilityCommitmentFeePercentage
|
0.0025 | ||
| us-gaap |
Line Of Credit Facility Interest Rate Description
LineOfCreditFacilityInterestRateDescription
|
1.00% above LIBOR for long-term borrowings or at the higher of the Prime rate and the Federal Funds Rate. | ||
| CY2014Q2 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
1000000000 | USD |
| CY2014Q2 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
406500000 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
1408000 | USD |
| CY2014Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
8210000 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
570190000 | USD |
| CY2014Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
584488000 | USD |
| us-gaap |
Loss Contingency Disclosures
LossContingencyDisclosures
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Litigation Matters</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">From time to time, the company is subject to proceedings, lawsuits and other claims related to products, suppliers, employees, customers and competitors. The company maintains insurance to partially cover product liability, workers compensation, property and casualty, and general liability matters.  The company is required to assess the likelihood of any adverse judgments or outcomes to these matters as well as potential ranges of probable losses.  A determination of the amount of accrual required, if any, for these contingencies is made after assessment of each matter and the related insurance coverage.  The accrual requirement may change in the future due to new developments or changes in approach such as a change in settlement strategy in dealing with these matters.  The company does not believe that any pending litigation will have a material effect on its financial condition, results of operations or cash flows.</font></div></div> | ||
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1752000 | USD | |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
370337000 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-67711000 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-393483000 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
61673000 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
24018000 | USD | |
| CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
48405000 | USD |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
81850000 | USD | |
| CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
37163000 | USD |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
63065000 | USD | |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
131672000 | USD | |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
102520000 | USD | |
| CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
75739000 | USD |
| CY2013Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
60325000 | USD |
| CY2013Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
28433000 | USD |
| CY2014Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
24370000 | USD |
| CY2014Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
20022000 | USD |
| CY2013Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
10475000 | USD |
| us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
3414000 | USD | |
| us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
3828000 | USD | |
| CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1856000 | USD |
| CY2013Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-3281000 | USD |
| us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
3430000 | USD | |
| us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-7965000 | USD | |
| us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-19000 | USD | |
| CY2013Q2 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-74000 | USD |
| CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-38000 | USD |
| us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-240000 | USD | |
| CY2013Q2 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
1218000 | USD |
| us-gaap |
Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
|
6667000 | USD | |
| us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
912000 | USD | |
| CY2014Q2 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-261000 | USD |
| CY2014Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
42029000 | USD |
| CY2013Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
37851000 | USD |
| CY2014Q2 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
300000 | USD |
| CY2013Q4 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
318000 | USD |
| us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-604000 | USD | |
| us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1060000 | USD | |
| CY2013Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-391000 | USD |
| CY2014Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-195000 | USD |
| us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1731000 | USD | |
| us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
44283000 | USD | |
| us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
4131000 | USD | |
| us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
11000 | USD | |
| us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD | |
| CY2014Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
15000000 | USD |
| us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
0 | USD | |
| us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
5000000 | USD | |
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
8096000 | USD | |
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
6986000 | USD | |
| CY2013Q4 | us-gaap |
Percentage Of Lifo Inventory
PercentageOfLIFOInventory
|
0.101 | |
| CY2014Q2 | us-gaap |
Percentage Of Lifo Inventory
PercentageOfLIFOInventory
|
0.109 | |
| CY2014Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2013Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2013Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2000000 | shares |
| CY2014Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2000000 | shares |
| CY2013Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
| CY2014Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
| CY2013Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2014Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2014Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
33738000 | USD |
| CY2013Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
32322000 | USD |
| CY2013Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
801000 | USD |
| CY2014Q2 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
6827000 | USD |
| us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2986000 | USD | |
| us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD | |
| us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-15000 | USD | |
| us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-18000 | USD | |
| us-gaap |
Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
|
-1307000 | USD | |
| us-gaap |
Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
|
0 | USD | |
| us-gaap |
Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
|
7000000 | USD | |
| CY2014Q2 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
25623000 | USD |
| CY2013Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
20826000 | USD |
| us-gaap |
Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
|
328000 | USD | |
| CY2013Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
20826000 | USD |
| CY2014Q2 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
25623000 | USD |
| us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
18817000 | USD | |
| us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
23286000 | USD | |
| CY2014Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
130676000 | USD |
| CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
125457000 | USD |
| CY2014Q2 | us-gaap |
Ratio Of Indebtedness To Net Capital1
RatioOfIndebtednessToNetCapital1
|
0 | |
| us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-414000 | USD | |
| us-gaap |
Restructuring Charges
RestructuringCharges
|
3983000 | USD | |
| CY2013Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
2388000 | USD |
| CY2014Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
2240000 | USD |
| CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
730352000 | USD |
| CY2014Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
812202000 | USD |
| CY2013Q4 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
5762000 | USD |
| CY2014Q2 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
6404000 | USD |
| us-gaap |
Sales Revenue Net
SalesRevenueNet
|
797254000 | USD | |
| CY2013Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
363801000 | USD |
| CY2014Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
424776000 | USD |
| us-gaap |
Sales Revenue Net
SalesRevenueNet
|
691252000 | USD | |
| midd |
Capital Expenditures Net
CapitalExpendituresNet
|
6986000 | USD | |
| midd |
Capital Expenditures Net
CapitalExpendituresNet
|
8096000 | USD | |
| CY2013Q2 | us-gaap |
Selling Expense
SellingExpense
|
38638000 | USD |
| us-gaap |
Selling Expense
SellingExpense
|
74790000 | USD | |
| us-gaap |
Selling Expense
SellingExpense
|
95072000 | USD | |
| CY2014Q2 | us-gaap |
Selling Expense
SellingExpense
|
48102000 | USD |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6696000 | USD | |
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5930000 | USD | |
| CY2013Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2949000 | USD |
| CY2014Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4758000 | USD |
| CY2014Q2 | us-gaap |
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
|
500000 | USD |
| CY2014Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
911010000 | USD |
| CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
838347000 | USD |
| CY2014Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
4816912 | shares |
| CY2013Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
4661701 | shares |
| CY2013Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
151743000 | USD |
| CY2014Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
196026000 | USD |
| us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-17000 | USD | |
| us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
34000 | USD | |
| CY2013Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
12700000 | USD |
| CY2013Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
|
1800000 | USD |
| CY2013Q4 | us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
|
2000000 | USD |
| CY2013Q4 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
11100000 | USD |
| us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates </font></div><div style="line-height:120%;text-align:left;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the company to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses. Significant estimates and assumptions are used for, but are not limited to, allowances for doubtful accounts, reserves for excess and obsolete inventories, long lived and intangible assets, warranty reserves, insurance reserves, income tax reserves and post-retirement obligations. Actual results could differ from the company's estimates. </font></div></div> | ||
| us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
380000 | shares | |
| us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1000 | shares | |
| CY2013Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
89000 | shares |
| CY2014Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1000 | shares |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
55850000 | shares | |
| CY2014Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56867000 | shares |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56662000 | shares | |
| CY2013Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
55844000 | shares |
| CY2014Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56866000 | shares |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55470000 | shares | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56661000 | shares | |
| CY2013Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55755000 | shares |
| CY2013Q4 | midd |
Accrued Product Liability And Workers Compensation Liability Current
AccruedProductLiabilityAndWorkersCompensationLiabilityCurrent
|
15355000 | USD |
| CY2014Q2 | midd |
Accrued Product Liability And Workers Compensation Liability Current
AccruedProductLiabilityAndWorkersCompensationLiabilityCurrent
|
14978000 | USD |
| CY2014Q2 | midd |
Accrued Rebate Current
AccruedRebateCurrent
|
18254000 | USD |
| CY2013Q4 | midd |
Accrued Rebate Current
AccruedRebateCurrent
|
26947000 | USD |
| CY2013Q4 | midd |
Business Combination Contingent Consideration
BusinessCombinationContingentConsideration
|
8628000 | USD |
| CY2014Q2 | midd |
Business Combination Contingent Consideration
BusinessCombinationContingentConsideration
|
10174000 | USD |
| CY2014Q2 | midd |
Capital Expenditures Net
CapitalExpendituresNet
|
3755000 | USD |
| CY2013Q2 | midd |
Capital Expenditures Net
CapitalExpendituresNet
|
4173000 | USD |
| midd |
Debt Instrument Interest Additional Interest Above Libor Rate
DebtInstrumentInterestAdditionalInterestAboveLiborRate
|
0.0150 | ||
| CY2014Q2 | midd |
Fixed Charge Coverage Ratio
FixedChargeCoverageRatio
|
0 | |
| midd |
Goodwill Translation Accounting Adjustments
GoodwillTranslationAccountingAdjustments
|
2350000 | USD | |
| CY2014Q2 | midd |
Line Of Credit Average Interest Rate
LineOfCreditAverageInterestRate
|
0.0164 | |
| CY2013Q4 | midd |
Midd Accrued Product Recall
Midd_AccruedProductRecall
|
2480000 | USD |
| CY2014Q2 | midd |
Midd Accrued Product Recall
Midd_AccruedProductRecall
|
13007000 | USD |
| midd |
Number Of Plans
NumberOfPlans
|
2 | plan | |
| CY2014Q2 | midd |
Percentage Of Net Sales
PercentageOfNetSales
|
1.000 | |
| CY2013Q2 | midd |
Percentage Of Net Sales
PercentageOfNetSales
|
1.000 | |
| midd |
Percentage Of Net Sales
PercentageOfNetSales
|
1.000 | ||
| midd |
Percentage Of Net Sales
PercentageOfNetSales
|
1.000 | ||
| CY2014Q2 | midd |
Recognized Tax Expense
RecognizedTaxExpense
|
1100000 | USD |
| midd |
Repayments Of Proceeds From Revolving Credit Facilities
RepaymentsOfProceedsFromRevolvingCreditFacilities
|
359300000 | USD | |
| midd |
Repayments Of Proceeds From Revolving Credit Facilities
RepaymentsOfProceedsFromRevolvingCreditFacilities
|
14400000 | USD | |
| dei |
Amendment Flag
AmendmentFlag
|
false | ||
| dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-28 | ||
| dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
| dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | ||
| dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-06-28 | ||
| dei |
Document Type
DocumentType
|
10-Q | ||
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000769520 | ||
| CY2014Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
57262680 | shares |
| dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
| dei |
Entity Registrant Name
EntityRegistrantName
|
Middleby Corp |
