2012 Q2 Form 10-Q Financial Statement
#000110465912055179 Filed on August 07, 2012
Income Statement
Concept | 2012 Q2 | 2011 Q2 |
---|---|---|
Revenue | $993.1M | $939.8M |
YoY Change | 5.67% | 14.71% |
Cost Of Revenue | $746.0M | $726.2M |
YoY Change | 2.73% | 18.45% |
Gross Profit | $253.1M | $221.7M |
YoY Change | 14.16% | 7.52% |
Gross Profit Margin | 25.49% | 23.59% |
Selling, General & Admin | $149.6M | $145.4M |
YoY Change | 2.89% | 16.79% |
% of Gross Profit | 59.11% | 65.58% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $25.70M | $28.40M |
YoY Change | -9.51% | -15.98% |
% of Gross Profit | 10.15% | 12.81% |
Operating Expenses | $159.0M | $155.0M |
YoY Change | 2.58% | 15.5% |
Operating Profit | $92.00M | $66.70M |
YoY Change | 37.93% | -7.36% |
Interest Expense | $33.80M | -$40.90M |
YoY Change | -182.64% | -15.5% |
% of Operating Profit | 36.74% | -61.32% |
Other Income/Expense, Net | -$33.90M | $200.0K |
YoY Change | -17050.0% | -103.64% |
Pretax Income | $62.30M | $1.600M |
YoY Change | 3793.75% | -90.48% |
Income Tax | $15.50M | -$400.0K |
% Of Pretax Income | 24.88% | -25.0% |
Net Earnings | $43.00M | $1.600M |
YoY Change | 2587.5% | -88.65% |
Net Earnings / Revenue | 4.33% | 0.17% |
Basic Earnings Per Share | $0.35 | $0.02 |
Diluted Earnings Per Share | $0.34 | $0.02 |
COMMON SHARES | ||
Basic Shares Outstanding | 130.6M shares | |
Diluted Shares Outstanding | 133.4M shares |
Balance Sheet
Concept | 2012 Q2 | 2011 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $59.40M | $83.80M |
YoY Change | -29.12% | -28.74% |
Cash & Equivalents | $56.80M | $81.10M |
Short-Term Investments | $2.600M | $2.700M |
Other Short-Term Assets | $228.3M | $189.9M |
YoY Change | 20.22% | -15.41% |
Inventory | $808.6M | $734.9M |
Prepaid Expenses | ||
Receivables | $326.3M | $427.8M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $1.423B | $1.436B |
YoY Change | -0.96% | 5.75% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $555.8M | $555.0M |
YoY Change | 0.14% | -7.5% |
Goodwill | $1.158B | |
YoY Change | ||
Intangibles | $826.3M | |
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $149.1M | $95.60M |
YoY Change | 55.96% | -18.91% |
Total Long-Term Assets | $2.689B | $2.718B |
YoY Change | -1.06% | -5.71% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.423B | $1.436B |
Total Long-Term Assets | $2.689B | $2.718B |
Total Assets | $4.112B | $4.154B |
YoY Change | -1.02% | -2.04% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $481.5M | $510.3M |
YoY Change | -5.64% | 14.47% |
Accrued Expenses | $312.2M | $304.7M |
YoY Change | 2.46% | -10.72% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $116.6M | $103.2M |
YoY Change | 12.98% | -28.43% |
Total Short-Term Liabilities | $1.107B | $1.155B |
YoY Change | -4.14% | -0.46% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $1.946B | $1.978B |
YoY Change | -1.61% | -4.11% |
Other Long-Term Liabilities | $344.4M | $317.0M |
YoY Change | 8.64% | 10.96% |
Total Long-Term Liabilities | $2.506B | $2.295B |
YoY Change | 9.21% | -2.27% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $1.107B | $1.155B |
Total Long-Term Liabilities | $2.506B | $2.295B |
Total Liabilities | $3.613B | $3.658B |
YoY Change | -1.23% | -1.87% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | ||
YoY Change | ||
Common Stock | ||
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | 30.87M shares | |
Shareholders Equity | $512.5M | $495.8M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $4.112B | $4.154B |
YoY Change | -1.02% | -2.04% |
Cashflow Statement
Concept | 2012 Q2 | 2011 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $43.00M | $1.600M |
YoY Change | 2587.5% | -88.65% |
Depreciation, Depletion And Amortization | $25.70M | $28.40M |
YoY Change | -9.51% | -15.98% |
Cash From Operating Activities | $8.100M | -$33.00M |
YoY Change | -124.55% | -141.3% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$20.50M | -$11.00M |
YoY Change | 86.36% | 71.88% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$3.000M | $2.400M |
YoY Change | -225.0% | 84.62% |
Cash From Investing Activities | -$23.50M | -$8.600M |
YoY Change | 173.26% | 68.63% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 3.300M | 50.00M |
YoY Change | -93.4% | -182.78% |
NET CHANGE | ||
Cash From Operating Activities | 8.100M | -33.00M |
Cash From Investing Activities | -23.50M | -8.600M |
Cash From Financing Activities | 3.300M | 50.00M |
Net Change In Cash | -12.10M | 8.400M |
YoY Change | -244.05% | -41.67% |
FREE CASH FLOW | ||
Cash From Operating Activities | $8.100M | -$33.00M |
Capital Expenditures | -$20.50M | -$11.00M |
Free Cash Flow | $28.60M | -$22.00M |
YoY Change | -230.0% | -125.49% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Discontinued Operation Tax Effect Of Income Loss From Discontinued Operation During Phase Out Period
DiscontinuedOperationTaxEffectOfIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriod
|
-200000 | USD | |
CY2011Q2 | us-gaap |
Discontinued Operation Tax Effect Of Income Loss From Discontinued Operation During Phase Out Period
DiscontinuedOperationTaxEffectOfIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriod
|
-200000 | USD |
us-gaap |
Discontinued Operation Tax Effect Of Income Loss From Discontinued Operation During Phase Out Period
DiscontinuedOperationTaxEffectOfIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriod
|
-1900000 | USD | |
CY2011Q2 | us-gaap |
Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation
DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation
|
-700000 | USD |
us-gaap |
Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation
DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation
|
29000000 | USD | |
CY2011Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
18200000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
4200000 | USD | |
CY2012Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
-43400000 | USD |
CY2011Q2 | us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
|
8500000 | USD |
us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
|
13400000 | USD | |
CY2011Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
|
6700000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
|
40200000 | USD | |
CY2011Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
15200000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
53600000 | USD | |
CY2011Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
17100000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
2200000 | USD | |
CY2011Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-1100000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-2000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
|
-23800000 | USD | |
CY2012Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-3200000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
14600000 | USD | |
CY2012Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-900000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
18800000 | USD | |
CY2012Q2 | us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Tax Effect Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxEffectPeriodIncreaseDecrease
|
-1700000 | USD |
us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Tax Effect Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxEffectPeriodIncreaseDecrease
|
-300000 | USD | |
CY2011Q2 | us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Tax Effect Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxEffectPeriodIncreaseDecrease
|
5000000 | USD |
us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Tax Effect Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxEffectPeriodIncreaseDecrease
|
6600000 | USD | |
us-gaap |
Depreciation
Depreciation
|
41100000 | USD | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
5000000 | USD | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
500000 | USD | |
us-gaap |
Restructuring Costs
RestructuringCosts
|
2900000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-8500000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
163700000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
160000000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-20500000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
111900000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-62800000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-168800000 | USD | |
us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
-18500000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-187300000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-121800000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-121300000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
18600000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
100000 | USD | |
us-gaap |
Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
|
143600000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
2900000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
127800000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-37600000 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
91600000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
827900000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
805800000 | USD | |
us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-1400000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
13600000 | USD | |
mtw |
Proceeds From Stock Options Including Excess Tax Benefit
ProceedsFromStockOptionsIncludingExcessTaxBenefit
|
1500000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
56000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
148300000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
900000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-2600000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-11800000 | USD | |
CY2012Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
56800000 | USD |
CY2011Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
297000000 | USD |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
68600000 | USD |
CY2011Q4 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
2700000 | USD |
CY2011Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
7200000 | USD |
CY2011Q4 | us-gaap |
Litigation Reserve Current
LitigationReserveCurrent
|
26800000 | USD |
CY2011Q4 | us-gaap |
Inventory Net
InventoryNet
|
668700000 | USD |
CY2011Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
117800000 | USD |
CY2011Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
77800000 | USD |
CY2011Q4 | us-gaap |
Assets Current
AssetsCurrent
|
1239800000 | USD |
CY2011Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
568200000 | USD |
CY2011Q4 | us-gaap |
Goodwill
Goodwill
|
1164800000 | USD |
CY2011Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
851800000 | USD |
CY2011Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
140600000 | USD |
CY2011Q4 | us-gaap |
Assets
Assets
|
3965200000 | USD |
CY2011Q4 | mtw |
Accounts Payable And Accrued Expenses Current
AccountsPayableAndAccruedExpensesCurrent
|
869800000 | USD |
CY2011Q4 | us-gaap |
Debt Current
DebtCurrent
|
79100000 | USD |
CY2011Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
93800000 | USD |
CY2011Q4 | us-gaap |
Customer Advances Current
CustomerAdvancesCurrent
|
35100000 | USD |
CY2011Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1104600000 | USD |
CY2012Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1106900000 | USD |
CY2012Q2 | us-gaap |
Assets Current
AssetsCurrent
|
1422600000 | USD |
CY2012Q2 | us-gaap |
Assets
Assets
|
4111700000 | USD |
CY2011Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
1810900000 | USD |
CY2011Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
215800000 | USD |
CY2011Q4 | us-gaap |
Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
90600000 | USD |
CY2011Q4 | us-gaap |
Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
|
59800000 | USD |
CY2011Q4 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
34200000 | USD |
CY2011Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
175800000 | USD |
CY2011Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
2387100000 | USD |
CY2012Q2 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
2506400000 | USD |
CY2011Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1400000 | USD |
CY2011Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
470800000 | USD |
CY2011Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-15000000 | USD |
CY2011Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
113600000 | USD |
CY2011Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
87400000 | USD |
CY2011 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
520300000 | USD |
CY2011Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
483400000 | USD |
CY2011Q4 | us-gaap |
Minority Interest
MinorityInterest
|
-9900000 | USD |
CY2011Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
473500000 | USD |
CY2011Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3965200000 | USD |
CY2012Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4111700000 | USD |
CY2012Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
498400000 | USD |
CY2012Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
512500000 | USD |
CY2012Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
12500000 | USD |
CY2011Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
12800000 | USD |
CY2012Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2011Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2011Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
163175928 | shares |
CY2012Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
132304552 | shares |
CY2011Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
131884765 | shares |
CY2012Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
30871376 | shares |
CY2011Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
31291163 | shares |
dei |
Entity Registrant Name
EntityRegistrantName
|
MANITOWOC CO INC | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000061986 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2012-06-30 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2012 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
us-gaap |
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
|
4700000 | USD | |
mtw |
Minimum Length Of Time Hedged In Cash Flow Hedge
MinimumLengthOfTimeHedgedInCashFlowHedge
|
P12M | ||
us-gaap |
Maximum Length Of Time Hedged In Cash Flow Hedge
MaximumLengthOfTimeHedgedInCashFlowHedge
|
P24M | ||
CY2012Q2 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
12900000 | USD |
CY2011Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
1500000 | USD |
CY2012Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
13800000 | USD |
CY2011Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
18800000 | USD |
CY2012Q2 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
1800000 | USD |
CY2011Q2 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
-600000 | USD |
us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
3300000 | USD | |
us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
-2700000 | USD | |
CY2012Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
245700000 | USD |
CY2012Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
217500000 | USD |
CY2012Q2 | us-gaap |
Goodwill Gross
GoodwillGross
|
1678200000 | USD |
CY2011Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
96700000 | USD |
CY2011Q4 | mtw |
Restructuring Charges Liabilities Current
RestructuringChargesLiabilitiesCurrent
|
21900000 | USD |
CY2011Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
27000000 | USD |
CY2012Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
451400000 | USD |
CY2012Q2 | us-gaap |
Inventory Gross
InventoryGross
|
914600000 | USD |
CY2012Q2 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
72800000 | USD |
CY2011Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
75300000 | USD |
CY2011Q4 | us-gaap |
Fifo Inventory Amount
FIFOInventoryAmount
|
700100000 | USD |
CY2011Q4 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
31400000 | USD |
CY2011 | mtw |
Goodwill Restructuring Reserve Adjustment
GoodwillRestructuringReserveAdjustment
|
3000000 | USD |
CY2011 | us-gaap |
Goodwill Translation Adjustments
GoodwillTranslationAdjustments
|
-5400000 | USD |
CY2012Q2 | us-gaap |
Fifo Inventory Amount
FIFOInventoryAmount
|
841800000 | USD |
CY2012Q2 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
33200000 | USD |
CY2012Q2 | us-gaap |
Inventory Net
InventoryNet
|
808600000 | USD |
CY2011Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
249700000 | USD |
CY2011Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
168100000 | USD |
CY2011Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
357600000 | USD |
CY2011Q4 | us-gaap |
Inventory Gross
InventoryGross
|
775400000 | USD |
CY2012Q2 | us-gaap |
Goodwill
Goodwill
|
1157900000 | USD |
CY2012Q2 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
520300000 | USD |
CY2012Q2 | us-gaap |
Goodwill Translation Adjustments
GoodwillTranslationAdjustments
|
-10900000 | USD |
CY2012Q1 | us-gaap |
Goodwill Gross
GoodwillGross
|
1689100000 | USD |
CY2012Q1 | us-gaap |
Goodwill Translation Adjustments
GoodwillTranslationAdjustments
|
4000000 | USD |
CY2011Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
1685100000 | USD |
CY2012Q2 | mtw |
Restructuring Charges Liabilities Current
RestructuringChargesLiabilitiesCurrent
|
20000000 | USD |
CY2012Q2 | mtw |
Profit Sharing And Incentives Liabilities Current
ProfitSharingAndIncentivesLiabilitiesCurrent
|
23500000 | USD |
CY2012Q2 | mtw |
Accrued Rebates Liabilities Current
AccruedRebatesLiabilitiesCurrent
|
27900000 | USD |
CY2012Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
23900000 | USD |
CY2012Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
135000000 | USD |
CY2012Q2 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
15900000 | USD |
CY2012Q2 | mtw |
Accounts Payable And Accrued Expenses Current
AccountsPayableAndAccruedExpensesCurrent
|
847300000 | USD |
CY2012Q2 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
13800000 | USD |
CY2010Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
1693500000 | USD |
CY2012Q2 | mtw |
Intangible Assets Excluding Goodwill Gross
IntangibleAssetsExcludingGoodwillGross
|
991700000 | USD |
CY2012Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
826300000 | USD |
CY2011Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
148200000 | USD |
CY2012Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
165400000 | USD |
CY2011Q4 | mtw |
Intangible Assets Excluding Goodwill Gross
IntangibleAssetsExcludingGoodwillGross
|
1000000000 | USD |
mtw |
Estimated Annual Future Amortization Expense
EstimatedAnnualFutureAmortizationExpense
|
40000000 | USD | |
CY2012Q2 | mtw |
Accounts Payable And Interest Payable Current
AccountsPayableAndInterestPayableCurrent
|
481500000 | USD |
CY2012Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
105800000 | USD |
CY2011Q4 | mtw |
Accounts Payable And Interest Payable Current
AccountsPayableAndInterestPayableCurrent
|
482200000 | USD |
CY2011Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
18800000 | USD |
CY2011Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
150500000 | USD |
CY2011Q4 | mtw |
Profit Sharing And Incentives Liabilities Current
ProfitSharingAndIncentivesLiabilitiesCurrent
|
33400000 | USD |
CY2011Q4 | mtw |
Accrued Rebates Liabilities Current
AccruedRebatesLiabilitiesCurrent
|
39300000 | USD |
CY2011Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
1890000000 | USD |
CY2012Q2 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
2062800000 | USD |
CY2012Q2 | us-gaap |
Debt Current
DebtCurrent
|
116600000 | USD |
CY2012Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
1946200000 | USD |
mtw |
Debt Instrument Number Of Loan Facilities Included With Senior Credit Facility
DebtInstrumentNumberOfLoanFacilitiesIncludedWithSeniorCreditFacility
|
4 | facility | |
mtw |
Debt Instrument Number Of Loan Facilities Included With Senior Credit Facility
DebtInstrumentNumberOfLoanFacilitiesIncludedWithSeniorCreditFacility
|
3 | facility | |
mtw |
Debt Instrument Number Of Senior Notes Outstanding
DebtInstrumentNumberOfSeniorNotesOutstanding
|
3 | note | |
mtw |
Senior Notes Default Redemption Minimum Principal As Percentage Of Principal Outstanding
SeniorNotesDefaultRedemptionMinimumPrincipalAsPercentageOfPrincipalOutstanding
|
0.25 | pure | |
mtw |
Derivative Early Termination Senior Notes
DerivativeEarlyTerminationSeniorNotes
|
5 | ||
CY2011 | us-gaap |
Proceeds From Accounts Receivable Securitization
ProceedsFromAccountsReceivableSecuritization
|
121100000 | USD |
us-gaap |
Proceeds From Accounts Receivable Securitization
ProceedsFromAccountsReceivableSecuritization
|
124300000 | USD | |
CY2011Q4 | mtw |
Fair Value Of Deferred Purchase Price Notes
FairValueOfDeferredPurchasePriceNotes
|
40300000 | USD |
CY2012Q2 | mtw |
Fair Value Of Deferred Purchase Price Notes
FairValueOfDeferredPurchasePriceNotes
|
76900000 | USD |
mtw |
Accounts Receivable Securitization Financial Covenants Compliance Period
AccountsReceivableSecuritizationFinancialCovenantsCompliancePeriod
|
12 | ||
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | pure | |
CY2012Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
55800000 | USD |
CY2011Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
45800000 | USD |
CY2011Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
3365463 | shares |
CY2012Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2816914 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2989874 | shares | |
CY2012Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2012Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
3500000 | shares |
CY2012Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2012Q2 | us-gaap |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
10000000 | shares |
CY2012Q2 | mtw |
Stock Repurchase Program Shares Acquired
StockRepurchaseProgramSharesAcquired
|
7600000 | shares |
CY2012Q2 | mtw |
Stock Repurchase Program Shares Acquired At Cost
StockRepurchaseProgramSharesAcquiredAtCost
|
49800000 | USD |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
8400000 | USD | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
8600000 | USD | |
CY2012Q2 | mtw |
Product Liability Self Insurance Retention Levels Fluctuation Period
ProductLiabilitySelfInsuranceRetentionLevelsFluctuationPeriod
|
5 | |
CY2012Q2 | us-gaap |
Litigation Reserve Current
LitigationReserveCurrent
|
27000000 | USD |
CY2012Q2 | mtw |
Litigation Reserve Current For Actual Cases
LitigationReserveCurrentForActualCases
|
5700000 | USD |
CY2012Q2 | mtw |
Litigation Reserve Current For Incurred But Not Reported Cases
LitigationReserveCurrentForIncurredButNotReportedCases
|
21300000 | USD |
CY2011Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
104400000 | USD |
CY2012Q2 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
102100000 | USD |
CY2011Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
61200000 | USD |
CY2012Q2 | us-gaap |
Deferred Revenue
DeferredRevenue
|
56300000 | USD |
CY2011Q4 | us-gaap |
Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
|
89500000 | USD |
CY2012Q2 | us-gaap |
Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
|
74900000 | USD |
mtw |
Standard Product Warranty Period Low End Of Range
StandardProductWarrantyPeriodLowEndOfRange
|
12 | ||
mtw |
Standard Product Warranty Period High End Of Range
StandardProductWarrantyPeriodHighEndOfRange
|
60 | ||
CY2010Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
99900000 | USD |
CY2011 | us-gaap |
Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
|
66800000 | USD |
CY2011 | us-gaap |
Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
|
62300000 | USD |
us-gaap |
Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
|
31400000 | USD | |
us-gaap |
Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
|
32600000 | USD | |
us-gaap |
Standard Product Warranty Accrual Currency Translation Increase Decrease
StandardProductWarrantyAccrualCurrencyTranslationIncreaseDecrease
|
-1100000 | USD | |
mtw |
Reporting Segments Number
ReportingSegmentsNumber
|
2 | segment |