$NNBR
NN INC

2014 Q2 Form 10-Q Financial Statement

#000119312514302391 Filed on August 08, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $106.7M $96.31M
YoY Change 10.77% -2.55%
Cost Of Revenue $84.29M $75.75M
YoY Change 11.27% -2.69%
Gross Profit $22.40M $20.55M
YoY Change 8.96% -2.01%
Gross Profit Margin 20.99% 21.34%
Selling, General & Admin $10.07M $8.339M
YoY Change 20.81% 0.32%
% of Gross Profit 44.98% 40.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.084M $4.294M
YoY Change -4.89% -2.16%
% of Gross Profit 18.24% 20.89%
Operating Expenses $10.07M $8.339M
YoY Change 20.81% 0.32%
Operating Profit $8.237M $7.920M
YoY Change 4.0% -4.29%
Interest Expense $551.0K $709.0K
YoY Change -22.28% -36.47%
% of Operating Profit 6.69% 8.95%
Other Income/Expense, Net -$129.0K $214.0K
YoY Change -160.28% -82.73%
Pretax Income $7.557M $7.425M
YoY Change 1.78% 95.39%
Income Tax $2.357M $2.655M
% Of Pretax Income 31.19% 35.76%
Net Earnings $5.200M $4.770M
YoY Change 9.01% -32.23%
Net Earnings / Revenue 4.87% 4.95%
Basic Earnings Per Share $0.29 $0.28
Diluted Earnings Per Share $0.29 $0.28
COMMON SHARES
Basic Shares Outstanding 17.78M shares 17.14M shares
Diluted Shares Outstanding 18.17M shares 17.17M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.800M $5.200M
YoY Change 11.54% -56.67%
Cash & Equivalents $5.812M $5.232M
Short-Term Investments
Other Short-Term Assets $9.934M $8.603M
YoY Change 15.47% 56.42%
Inventory $61.54M $46.58M
Prepaid Expenses
Receivables $80.74M $67.52M
Other Receivables $0.00 $0.00
Total Short-Term Assets $158.0M $127.9M
YoY Change 23.52% -4.67%
LONG-TERM ASSETS
Property, Plant & Equipment $132.7M $115.5M
YoY Change 14.91% -2.72%
Goodwill $9.384M $8.158M
YoY Change 15.03%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.369M $3.748M
YoY Change -10.11% 13.58%
Total Long-Term Assets $149.4M $133.5M
YoY Change 11.9% 2.25%
TOTAL ASSETS
Total Short-Term Assets $158.0M $127.9M
Total Long-Term Assets $149.4M $133.5M
Total Assets $307.4M $261.4M
YoY Change 17.59% -1.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $48.54M $40.02M
YoY Change 21.28% -0.19%
Accrued Expenses $13.40M $10.90M
YoY Change 22.94% 0.93%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $4.000M $5.714M
YoY Change -30.0% -14.72%
Total Short-Term Liabilities $75.34M $64.55M
YoY Change 16.71% -0.84%
LONG-TERM LIABILITIES
Long-Term Debt $53.50M $46.00M
YoY Change 16.3% -38.58%
Other Long-Term Liabilities $10.78M $11.06M
YoY Change -2.47% 3.33%
Total Long-Term Liabilities $64.28M $57.06M
YoY Change 12.67% -33.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $75.34M $64.55M
Total Long-Term Liabilities $64.28M $57.06M
Total Liabilities $143.6M $125.4M
YoY Change 14.49% -18.77%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $163.8M $136.0M
YoY Change
Total Liabilities & Shareholders Equity $307.4M $261.4M
YoY Change 17.59% -1.27%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $5.200M $4.770M
YoY Change 9.01% -32.23%
Depreciation, Depletion And Amortization $4.084M $4.294M
YoY Change -4.89% -2.16%
Cash From Operating Activities $7.000M $11.34M
YoY Change -38.27% -11.27%
INVESTING ACTIVITIES
Capital Expenditures -$3.630M -$1.770M
YoY Change 105.08% -64.67%
Acquisitions
YoY Change
Other Investing Activities -$8.910M $20.00K
YoY Change -44650.0% 100.0%
Cash From Investing Activities -$12.54M -$1.760M
YoY Change 612.5% -64.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 6.750M -11.79M
YoY Change -157.25% 102.93%
NET CHANGE
Cash From Operating Activities 7.000M 11.34M
Cash From Investing Activities -12.54M -1.760M
Cash From Financing Activities 6.750M -11.79M
Net Change In Cash 1.210M -2.210M
YoY Change -154.75% -212.18%
FREE CASH FLOW
Cash From Operating Activities $7.000M $11.34M
Capital Expenditures -$3.630M -$1.770M
Free Cash Flow $10.63M $13.11M
YoY Change -18.92% -26.31%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
17785621 shares
CY2012Q4 us-gaap Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
6930000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18990000
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.65
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1233000 shares
CY2013Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5119000
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
69384000
CY2013Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1340000
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
40687000
CY2013Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
10477000
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3844000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
152760000
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
10414000
CY2013Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
200000
CY2013Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
26000000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
262402000
CY2013Q4 us-gaap Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
6920000
CY2013Q4 us-gaap Liabilities
Liabilities
109642000
CY2013Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
11761000
CY2013Q4 us-gaap Long Term Debt
LongTermDebt
36477000
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
445000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3039000
CY2013Q4 us-gaap Goodwill
Goodwill
8624000
CY2013Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
15448000
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
121089000
CY2013Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
900000
CY2013Q4 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
4735000
CY2013Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
2713000
CY2013Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
29410000
CY2013Q4 us-gaap Assets
Assets
262402000
CY2013Q4 us-gaap Inventory Net
InventoryNet
54530000
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
58929000
CY2013Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
9672000
CY2013Q4 us-gaap Other Assets Current
OtherAssetsCurrent
9176000
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3402000
CY2013Q4 us-gaap Assets Current
AssetsCurrent
125674000
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5232000
CY2013Q2 us-gaap Assets
Assets
261439000
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.24
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
882000 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
10.89
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1258000 shares
CY2014Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
6088000
CY2014Q2 us-gaap Liabilities Current
LiabilitiesCurrent
75336000
CY2014Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
3300000
CY2014Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
48540000
CY2014Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
4000000
CY2014Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3962000
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
163839000
CY2014Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
10783000
CY2014Q2 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0
CY2014Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
53500000
CY2014Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
307420000
CY2014Q2 us-gaap Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
6910000
CY2014Q2 us-gaap Liabilities
Liabilities
143581000
CY2014Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
13408000
CY2014Q2 us-gaap Long Term Debt
LongTermDebt
57500000
CY2014Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
503000
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5812000
CY2014Q2 us-gaap Goodwill
Goodwill
9384000
CY2014Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
19380000
CY2014Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
132681000
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
17995000
CY2014Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
2724000
CY2014Q2 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
5733000
CY2014Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
1235000
CY2014Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
30670000
CY2014Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
12964000
CY2014Q2 us-gaap Assets
Assets
307420000
CY2014Q2 us-gaap Inventory Net
InventoryNet
61541000
CY2014Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
80740000
CY2014Q2 us-gaap Other Assets Current
OtherAssetsCurrent
9934000
CY2014Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
11491000
CY2014Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3369000
CY2014Q2 us-gaap Assets Current
AssetsCurrent
158027000
CY2014Q2 nnbr Potential To Expand Credit Facility Under Credit Agreement
PotentialToExpandCreditFacilityUnderCreditAgreement
35000000
CY2014Q2 nnbr Swing Line Loan
SwingLineLoan
10000000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
354000 shares
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.35 pure
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
8844000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
95000 shares
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.06
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17115000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.45
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1027000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17082000 shares
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
87000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-4357000
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
411000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
190102000
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
66000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
17715000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
7222000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
569000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-5000
us-gaap Operating Income Loss
OperatingIncomeLoss
13559000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
11700000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-365000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-419000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4923000
us-gaap Net Income Loss
NetIncomeLoss
7641000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
16036000
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
683000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
8825000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-14000
us-gaap Interest Expense
InterestExpense
1494000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
17445000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
337000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-13758000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4059000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-17682000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
17000
us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
150268000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-4906000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
3190000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
186000
us-gaap Share Based Compensation
ShareBasedCompensation
1094000
nnbr Anti Dilutive Securities Excluded From Computation Of Earnings Per Share Maximum Price Range One
AntiDilutiveSecuritiesExcludedFromComputationOfEarningsPerShareMaximumPriceRangeOne
14.13
nnbr Weighted Average Number Of Diluted Shares Outstanding Net
WeightedAverageNumberOfDilutedSharesOutstandingNet
33000 shares
nnbr Anti Dilutive Securities Excluded From Computation Of Earnings Per Share Minimum Price Range
AntiDilutiveSecuritiesExcludedFromComputationOfEarningsPerShareMinimumPriceRange
9.97
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.58
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
98000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
11.84
dei Document Type
DocumentType
10-Q
dei Entity Registrant Name
EntityRegistrantName
NN INC
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.32 pure
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
5701000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
97000 shares
dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.14
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
12.62
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y6M
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18054000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.59
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y6M
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
8000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
19.69
dei Entity Central Index Key
EntityCentralIndexKey
0000918541
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34 pure
us-gaap Payments Of Dividends
PaymentsOfDividends
2480000
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
65000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17700000 shares
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
763000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-4191000
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
575000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
209208000
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
73000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
9074000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4736000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
640000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
16217000
us-gaap Operating Income Loss
OperatingIncomeLoss
16574000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
15247000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-212000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-1364000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5812000
us-gaap Net Income Loss
NetIncomeLoss
10438000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
20594000
us-gaap Payments For Postemployment Benefits
PaymentsForPostemploymentBenefits
148000
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
711000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7961000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-9000
us-gaap Interest Expense
InterestExpense
1115000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
20104000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
216000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
2773000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4809000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2480000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
19110000
us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
164569000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-22029000
us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
204000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
6939000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2559000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
640000
us-gaap Share Based Compensation
ShareBasedCompensation
1286000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
21786000
nnbr Weighted Average Number Of Diluted Shares Outstanding Net
WeightedAverageNumberOfDilutedSharesOutstandingNet
354000 shares
nnbr Postemployment Benefits Translation Adjustment
PostemploymentBenefitsTranslationAdjustment
-66000
CY2013 us-gaap Payments For Postemployment Benefits
PaymentsForPostemploymentBenefits
1331000
CY2013 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
1019000
CY2013 nnbr Postemployment Benefits Translation Adjustment
PostemploymentBenefitsTranslationAdjustment
302000
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2013Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.06
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17172000 shares
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2013Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1027000 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17136000 shares
CY2013Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
96305000
CY2013Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
6156000
CY2013Q2 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-1000
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
7920000
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
7425000
CY2013Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
214000
CY2013Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
1386000
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
4770000
CY2013Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4294000
CY2013Q2 us-gaap Interest Expense
InterestExpense
709000
CY2013Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
8339000
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2655000
CY2013Q2 us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
75751000
CY2013Q2 us-gaap Share Based Compensation
ShareBasedCompensation
664000
CY2013Q2 nnbr Anti Dilutive Securities Excluded From Computation Of Earnings Per Share Maximum Price Range One
AntiDilutiveSecuritiesExcludedFromComputationOfEarningsPerShareMaximumPriceRangeOne
14.13
CY2013Q2 nnbr Weighted Average Number Of Diluted Shares Outstanding Net
WeightedAverageNumberOfDilutedSharesOutstandingNet
36000 shares
CY2013Q2 nnbr Anti Dilutive Securities Excluded From Computation Of Earnings Per Share Minimum Price Range
AntiDilutiveSecuritiesExcludedFromComputationOfEarningsPerShareMinimumPriceRange
9.97
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2014Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.07
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18172000 shares
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2014Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17779000 shares
CY2014Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
106680000
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
4475000
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
8237000
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
7557000
CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-129000
CY2014Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-725000
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
5200000
CY2014Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4084000
CY2014Q2 us-gaap Interest Expense
InterestExpense
551000
CY2014Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
10074000
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2357000
CY2014Q2 us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
84285000
CY2014Q2 us-gaap Share Based Compensation
ShareBasedCompensation
714000
CY2014Q2 nnbr Weighted Average Number Of Diluted Shares Outstanding Net
WeightedAverageNumberOfDilutedSharesOutstandingNet
393000 shares

Files In Submission

Name View Source Status
0001193125-14-302391-index-headers.html Edgar Link pending
0001193125-14-302391-index.html Edgar Link pending
0001193125-14-302391.txt Edgar Link pending
0001193125-14-302391-xbrl.zip Edgar Link pending
d757076d10q.htm Edgar Link pending
d757076dex311.htm Edgar Link pending
d757076dex312.htm Edgar Link pending
d757076dex321.htm Edgar Link pending
d757076dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
nnbr-20140630.xml Edgar Link completed
nnbr-20140630.xsd Edgar Link pending
nnbr-20140630_cal.xml Edgar Link unprocessable
nnbr-20140630_def.xml Edgar Link unprocessable
nnbr-20140630_lab.xml Edgar Link unprocessable
nnbr-20140630_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending