$NNBR
NN INC

2017 Q2 Form 10-Q Financial Statement

#000119312517257255 Filed on August 14, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2017 Q1 2016 Q2
Revenue $157.9M $157.6M $214.3M
YoY Change -26.29% -25.76% 29.98%
Cost Of Revenue $114.5M $114.5M $156.8M
YoY Change -26.97% -28.34% 21.82%
Gross Profit $43.43M $43.08M $57.48M
YoY Change -24.44% -17.91% 59.01%
Gross Profit Margin 27.5% 27.34% 26.82%
Selling, General & Admin $18.00M $16.64M $20.99M
YoY Change -14.24% -20.0% 50.36%
% of Gross Profit 41.45% 38.63% 36.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.05M $12.57M $15.14M
YoY Change -13.78% -27.54% 76.06%
% of Gross Profit 30.05% 29.18% 26.33%
Operating Expenses $18.00M $16.64M $20.99M
YoY Change -14.24% -20.0% 50.36%
Operating Profit $12.64M $13.85M $17.30M
YoY Change -26.93% 17.55% 27.32%
Interest Expense $12.34M $14.84M $16.63M
YoY Change -25.81% -9.64% 176.22%
% of Operating Profit 97.6% 107.13% 96.12%
Other Income/Expense, Net -$285.0K $722.0K $824.0K
YoY Change -134.59% -36.05% -4436.84%
Pretax Income -$39.72M -$177.0K $1.495M
YoY Change -2756.92% -94.96% -80.2%
Income Tax -$12.10M -$377.0K $719.0K
% Of Pretax Income 48.09%
Net Earnings -$21.14M $7.411M $2.031M
YoY Change -1140.77% -670.52% -70.79%
Net Earnings / Revenue -13.38% 4.7% 0.95%
Basic Earnings Per Share -$0.77 $0.27 $0.08
Diluted Earnings Per Share -$0.77 $0.27 $0.08
COMMON SHARES
Basic Shares Outstanding 27.47M shares 27.30M shares 27.02M shares
Diluted Shares Outstanding 27.47M shares 27.63M shares 27.19M shares

Balance Sheet

Concept 2017 Q2 2017 Q1 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $19.20M $19.60M $15.10M
YoY Change 27.15% 29.8% -29.44%
Cash & Equivalents $19.17M $19.58M $15.08M
Short-Term Investments
Other Short-Term Assets $13.77M $14.63M $12.92M
YoY Change 6.55% 11.46% -22.12%
Inventory $123.7M $116.6M $118.8M
Prepaid Expenses
Receivables $162.4M $159.6M $147.1M
Other Receivables $8.600M $0.00 $4.000M
Total Short-Term Assets $327.6M $310.3M $297.9M
YoY Change 9.99% 4.97% 23.73%
LONG-TERM ASSETS
Property, Plant & Equipment $333.2M $328.2M $323.2M
YoY Change 3.07% 0.92% 18.82%
Goodwill $452.3M $451.4M $448.7M
YoY Change 0.8% 0.28% 425.18%
Intangibles
YoY Change
Long-Term Investments $39.85M $38.00M $41.21M
YoY Change -3.28% -4.67% 7.75%
Other Assets $8.629M $8.541M $10.95M
YoY Change -21.2% -21.65% -43.97%
Total Long-Term Assets $1.078B $1.076B $1.097B
YoY Change -1.7% -2.15% 134.27%
TOTAL ASSETS
Total Short-Term Assets $327.6M $310.3M $297.9M
Total Long-Term Assets $1.078B $1.076B $1.097B
Total Assets $1.406B $1.387B $1.395B
YoY Change 0.79% -0.64% 96.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $78.31M $77.67M $65.86M
YoY Change 18.9% 10.5% 3.53%
Accrued Expenses $23.90M $23.50M $23.40M
YoY Change 2.14% -3.29% 18.18%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $24.75M $10.75M $19.54M
YoY Change 26.67% -9.99% -16.31%
Total Short-Term Liabilities $147.1M $150.2M $138.9M
YoY Change 5.9% 6.15% 7.87%
LONG-TERM LIABILITIES
Long-Term Debt $827.4M $799.5M $801.2M
YoY Change 3.27% -0.65% 138.5%
Other Long-Term Liabilities $9.647M $3.901M $6.290M
YoY Change 53.37% -37.65% -41.17%
Total Long-Term Liabilities $837.0M $803.4M $807.5M
YoY Change 3.66% -0.93% 132.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $147.1M $150.2M $138.9M
Total Long-Term Liabilities $837.0M $803.4M $807.5M
Total Liabilities $1.094B $1.063B $1.072B
YoY Change 2.02% -1.4% 100.27%
SHAREHOLDERS EQUITY
Retained Earnings $38.17M
YoY Change
Common Stock $289.2M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $311.8M $327.8M $317.4M
YoY Change
Total Liabilities & Shareholders Equity $1.406B $1.387B $1.390B
YoY Change 1.16% -0.64% 96.03%

Cashflow Statement

Concept 2017 Q2 2017 Q1 2016 Q2
OPERATING ACTIVITIES
Net Income -$21.14M $7.411M $2.031M
YoY Change -1140.77% -670.52% -70.79%
Depreciation, Depletion And Amortization $13.05M $12.57M $15.14M
YoY Change -13.78% -27.54% 76.06%
Cash From Operating Activities $10.83M $4.940M $8.350M
YoY Change 29.7% 44.02% -61.52%
INVESTING ACTIVITIES
Capital Expenditures -$12.09M $8.565M -$10.21M
YoY Change 18.41% 6.96% 30.06%
Acquisitions
YoY Change
Other Investing Activities $320.0K -$295.0K $1.830M
YoY Change -82.51% -1575.0% -120.84%
Cash From Investing Activities -$11.76M -$8.270M -$8.380M
YoY Change 40.33% 3.5% -49.61%
FINANCING ACTIVITIES
Cash Dividend Paid $1.910M
YoY Change 1.65%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $1.437M
YoY Change 0.0%
Cash From Financing Activities -110.0K 8.290M 1.470M
YoY Change -107.48% 54.38% -1436.36%
NET CHANGE
Cash From Operating Activities 10.83M 4.940M 8.350M
Cash From Investing Activities -11.76M -8.270M -8.380M
Cash From Financing Activities -110.0K 8.290M 1.470M
Net Change In Cash -1.040M 4.960M 1.440M
YoY Change -172.22% 512.35% -70.97%
FREE CASH FLOW
Cash From Operating Activities $10.83M $4.940M $8.350M
Capital Expenditures -$12.09M $8.565M -$10.21M
Free Cash Flow $22.92M -$3.625M $18.56M
YoY Change 23.49% -20.82% -37.19%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
27540093 shares
CY2016Q2 us-gaap Assets
Assets
1394733000
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15080000
CY2017Q2 us-gaap Assets Current
AssetsCurrent
327628000
CY2017Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
162363000
CY2017Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
288903000
CY2017Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
78308000
CY2017Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-15564000
CY2017Q2 us-gaap Assets
Assets
1405816000
CY2017Q2 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
3523000
CY2017Q2 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
4691000
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19166000
CY2017Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
45000000 shares
CY2017Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
27537000 shares
CY2017Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
27537000 shares
CY2017Q2 us-gaap Common Stock Value
CommonStockValue
275000
CY2017Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
99333000
CY2017Q2 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
5000
CY2017Q2 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-1747000
CY2017Q2 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
5000
CY2017Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
1293000
CY2017Q2 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
464000
CY2017Q2 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
1700000
CY2017Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
23941000
CY2017Q2 us-gaap Equity Method Investments
EquityMethodInvestments
39853000
CY2017Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
244264000
CY2017Q2 us-gaap Goodwill
Goodwill
452282000
CY2017Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
8631000
CY2017Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
0
CY2017Q2 us-gaap Inventory Net
InventoryNet
123702000
CY2017Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
36000000
CY2017Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
52916000
CY2017Q2 us-gaap Inventory Gross
InventoryGross
123702000
CY2017Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
34786000
CY2017Q2 us-gaap Liabilities
Liabilities
1094003000
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1405816000
CY2017Q2 us-gaap Liabilities Current
LiabilitiesCurrent
147063000
CY2017Q2 us-gaap Long Term Debt
LongTermDebt
852138000
CY2017Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
24748000
CY2017Q2 us-gaap Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
0
CY2017Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
0
CY2017Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
827390000
CY2017Q2 us-gaap Minority Interest
MinorityInterest
32000
CY2017Q2 us-gaap Other Assets Current
OtherAssetsCurrent
13766000
CY2017Q2 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
6200000
CY2017Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
16543000
CY2017Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
8629000
CY2017Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
9647000
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
333160000
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
38167000
CY2017Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
8490000
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
10538000
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
555000 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
12.17
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
797000 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
14.22
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
311813000
CY2017Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
600000
CY2017Q2 nnbr Postemployment Benefits Liability Including Defined Benefit Plan Funded Status Of Plan
PostemploymentBenefitsLiabilityIncludingDefinedBenefitPlanFundedStatusOfPlan
5879000
CY2017Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-24804000
CY2017Q1 us-gaap Assets
Assets
1386655000
CY2017Q1 us-gaap Equity Method Investments
EquityMethodInvestments
37999000
CY2017Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1386655000
CY2017Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
323491000
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
4657000
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
172989000
CY2015Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
5394000
CY2015Q4 us-gaap Assets Current
AssetsCurrent
283888000
CY2015Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
277917000
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-21992000
CY2015Q4 us-gaap Assets
Assets
1386805000
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15087000
CY2015Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
10403000
CY2015Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
125635000
CY2015Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
20825000
CY2015Q4 us-gaap Equity Method Investments
EquityMethodInvestments
36250000
CY2015Q4 us-gaap Goodwill
Goodwill
454970000
CY2015Q4 us-gaap Liabilities
Liabilities
1074784000
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1386805000
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
133095000
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4924000
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
318639000
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
55794000
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
312020000
CY2016Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
2125000
CY2016Q4 us-gaap Assets Current
AssetsCurrent
280555000
CY2016Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
139547000
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
284508000
CY2016Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
75719000
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-29808000
CY2016Q4 us-gaap Assets
Assets
1355700000
CY2016Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
3762000
CY2016Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
5851000
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14405000
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
45000000 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
27249000 shares
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
27249000 shares
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
272000
CY2016Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
99591000
CY2016Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
69000
CY2016Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-2856000
CY2016Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
6000
CY2016Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
1903000
CY2016Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
1028000
CY2016Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
24996000
CY2016Q4 us-gaap Equity Method Investments
EquityMethodInvestments
36008000
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
255981000
CY2016Q4 us-gaap Goodwill
Goodwill
450311000
CY2016Q4 us-gaap Inventory Net
InventoryNet
114851000
CY2016Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
34298000
CY2016Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
49205000
CY2016Q4 us-gaap Inventory Gross
InventoryGross
114851000
CY2016Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
31348000
CY2016Q4 us-gaap Liabilities
Liabilities
1045187000
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1355700000
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
138616000
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
798464000
CY2016Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
12751000
CY2016Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
785713000
CY2016Q4 us-gaap Minority Interest
MinorityInterest
32000
CY2016Q4 us-gaap Other Assets Current
OtherAssetsCurrent
11752000
CY2016Q4 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
5000000
CY2016Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
19263000
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
9892000
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
9651000
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
322953000
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
55509000
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
897000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
12.22
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
310513000
CY2016Q4 nnbr Postemployment Benefits Liability Including Defined Benefit Plan Funded Status Of Plan
PostemploymentBenefitsLiabilityIncludingDefinedBenefitPlanFundedStatusOfPlan
5765000
dei Amendment Flag
AmendmentFlag
false
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2218000
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
575000
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
1644000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2153000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11785000
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.14
us-gaap Comparability Of Prior Year Financial Data
ComparabilityOfPriorYearFinancialData
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <i><u>Prior Periods&#x2019; Financial Statement Revision</u></i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> In connection with the preparation of our Condensed Consolidated Financial Statements as of and for the three and six months ended June 30, 2017, we identified misstatements in our previously issued financial statements related to the foreign currency translation of our investment in a China joint venture. We acquired a 49% investment in the joint venture as part of our acquisition of Autocam Corporation (&#x201C;Autocam&#x201D;) on August 29, 2014. The investment in the joint venture was remeasured to fair value at the time of the acquisition and has been accounted for under the equity method of accounting. Following the completion of the Autocam acquisition, the investment in the joint venture was accounted for in U.S. dollars whereas it should have been accounted for in the joint venture&#x2019;s functional currency of the Chinese Renminbi in accordance with Accounting Standards Codification (&#x201C;ASC&#x201D;) Topic 830, <i>Foreign Currency Matters</i>. As a result, we did not correctly account for our investment in the joint venture and the related currency translation adjustment impacts.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> We previously corrected as out of period adjustments certain immaterial misstatements and reflected them in the prior period financial statements, where applicable. These immaterial previously recorded out of period adjustments were primarily due to misstatements related to the initial recording of deferred tax assets and liabilities and corresponding adjustments to goodwill as part of the purchase price allocations of the Autocam and PEP acquisitions in 2014 and 2015, the accounting for the goodwill balances from those acquisitions for multi-currency reporting through Other Comprehensive Income, and to record the mark to market adjustments on our interest rate hedge net of tax through Other Comprehensive Income.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> We assessed the materiality of the misstatements on prior periods&#x2019; financial statements in accordance with SEC Staff Accounting Bulletin (&#x201C;SAB&#x201D;) Topic 1.M, <i>Materiality</i>, codified in ASC Topic 250, <i>Presentation of Financial Statements</i>, (&#x201C;ASC 250&#x201D;) and concluded that the misstatements were not material to any prior annual or interim periods. In accordance with ASC 250 (SAB Topic 1.N, <i>Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements</i>), we have corrected these misstatements for all prior periods presented by revising the Condensed Consolidated Financial Statements and other consolidated financial information included herein. We have revised, and will revise for annual and interim periods in future filings, for certain amounts in the consolidated financial statements in order to correct these misstatements. See Note 14 in these Notes to Condensed Consolidated Financial Statements for additional information.</p> </div>
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
4761000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
122000
us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
332994000
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
31468000
us-gaap Derivative Loss On Derivative
DerivativeLossOnDerivative
1000000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.29 pure
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3960000
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
dei Document Type
DocumentType
10-Q
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.52
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34 pure
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
853000
dei Document Period End Date
DocumentPeriodEndDate
2017-06-30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.52
dei Entity Registrant Name
EntityRegistrantName
NN INC
dei Entity Central Index Key
EntityCentralIndexKey
0000918541
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
68000
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-13000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
268000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-39639000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
1971000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-10841000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
20062000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5945000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-7247000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-24187000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2937000
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
2937000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7128000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1339000
us-gaap Interest Expense
InterestExpense
27365000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-20302000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-15552000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
39762000
us-gaap Operating Income Loss
OperatingIncomeLoss
42751000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
14244000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
14244000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
638000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
79000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6545000
us-gaap Payments Of Dividends
PaymentsOfDividends
3838000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
413000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
20658000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
2592000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
356000
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-101000
us-gaap Profit Loss
ProfitLoss
-14122000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
317000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
266874000
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
2059000
us-gaap Restructuring Charges
RestructuringCharges
400000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
452189000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
6000 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y7M6D
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
11.81
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
44530000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y6M0D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
11.84
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
24.20
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Method Used
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsMethodUsed
Monte Carlo valuation model
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
7.72
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
126000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
220000 shares
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2592000
dei Trading Symbol
TradingSymbol
NNBR
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27358000 shares
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
8054000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27358000 shares
nnbr Adjustments Related To Tax Withholding And Forfeited For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingAndForfeitedForShareBasedCompensation
413000
nnbr Restructuring And Integration Charges
RestructuringAndIntegrationCharges
446000
nnbr Cash Settlement Of Interest Rate Hedges
CashSettlementOfInterestRateHedges
1300000
nnbr Reduction In Income Tax Expense
ReductionInIncomeTaxExpense
500000
nnbr Cumulative Effect Of Initial Adoption Of New Accounting Principles
CumulativeEffectOfInitialAdoptionOfNewAccountingPrinciples
740000
nnbr Number Of Manufacturing Plants
NumberOfManufacturingPlants
40 ManufacturingPlants
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2485000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1986000
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.14
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-7000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2693000
us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
316548000
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
900000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
32484000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.02 pure
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34 pure
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-2253000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-1839000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-3185000
us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
-219000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
24048000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1713000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1681000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
127000 shares
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2014000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2743000
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
2743000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-31000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3239000
us-gaap Interest Expense
InterestExpense
33053000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-16373000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
11781000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
6838000
us-gaap Operating Income Loss
OperatingIncomeLoss
29086000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1933000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
2152000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
2048000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1953000
us-gaap Payments Of Dividends
PaymentsOfDividends
3773000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
157000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
18223000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
1525000
us-gaap Proceeds From Previous Acquisition
ProceedsFromPreviousAcquisition
1635000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
215000
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
6580000
us-gaap Profit Loss
ProfitLoss
760000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
11000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
5875000
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
2462000
us-gaap Restructuring Charges
RestructuringCharges
6600000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
426498000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
41795000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27050000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26923000 shares
nnbr Restructuring And Integration Charges
RestructuringAndIntegrationCharges
6585000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
9014000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
2025000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-5251000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6296000
us-gaap Interest Expense
InterestExpense
48924000
us-gaap Operating Income Loss
OperatingIncomeLoss
47813000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3799000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
1774000
us-gaap Profit Loss
ProfitLoss
5215000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
60142000
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-10655000
CY2014 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
-273000
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-18872000
CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-18599000
CY2014 us-gaap Profit Loss
ProfitLoss
8217000
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-33436000
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.32
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.32
CY2015 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
-1637000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-23487000
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-11698000
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
26760000
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-26648000
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-25011000
CY2015 us-gaap Profit Loss
ProfitLoss
-6788000
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
51782000
CY2015 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
19173000
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-518000
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
CY2016 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
1910000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-6772000
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-8133000
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
59437000
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-7817000
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-9727000
CY2016 us-gaap Profit Loss
ProfitLoss
7299000
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
80229000
CY2016 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
2589000
CY2017Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
12411000
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5004000
CY2017Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
5004000
CY2017Q1 us-gaap Profit Loss
ProfitLoss
7407000
CY2016Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1484000
CY2016Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.07
CY2016Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2536000
CY2016Q2 us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
156794000
CY2016Q2 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
500000
CY2016Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15136000
CY2016Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.48 pure
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2016Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34 pure
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2016Q2 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
416000
CY2016Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
163000 shares
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1495000
CY2016Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1343000
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
719000
CY2016Q2 us-gaap Interest Expense
InterestExpense
16631000
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
17302000
CY2016Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4655000
CY2016Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-5071000
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
824000
CY2016Q2 us-gaap Profit Loss
ProfitLoss
2119000
CY2016Q2 us-gaap Restructuring Charges
RestructuringCharges
4000000
CY2016Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
214272000
CY2016Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
20993000
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27187000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27024000 shares
CY2016Q2 nnbr Restructuring And Integration Charges
RestructuringAndIntegrationCharges
4047000
CY2017Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1066000
CY2017Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.07
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-12289000
CY2017Q2 us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
166040000
CY2017Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15900000
CY2016Q3 us-gaap Profit Loss
ProfitLoss
4455000
CY2017Q2 us-gaap Derivative Loss On Derivative
DerivativeLossOnDerivative
500000
CY2017Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.29 pure
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.78
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34 pure
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.78
CY2017Q2 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-101000
CY2017Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-39639000
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-32201000
CY2017Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1244000
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-9428000
CY2017Q2 us-gaap Interest Expense
InterestExpense
12409000
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
20593000
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
9240000
CY2017Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
9240000
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-645000
CY2017Q2 us-gaap Profit Loss
ProfitLoss
-21529000
CY2017Q2 us-gaap Restructuring Charges
RestructuringCharges
300000
CY2017Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
225875000
CY2017Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
23036000
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27468000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27468000 shares
CY2017Q2 nnbr Restructuring And Integration Charges
RestructuringAndIntegrationCharges
306000
CY2016Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5230000
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2016Q1 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
-635000
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-3509000
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-751000
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
11784000
CY2016Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
6588000
CY2016Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
7223000
CY2016Q1 us-gaap Profit Loss
ProfitLoss
-1358000
CY2016Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
20802000
CY2016Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6321000
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2016Q3 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
2244000
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-3237000
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6265000
CY2016Q3 us-gaap Interest Expense
InterestExpense
15871000
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
18727000
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1866000
CY2016Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-378000
CY2016Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
18347000

Files In Submission

Name View Source Status
0001193125-17-257255-index-headers.html Edgar Link pending
0001193125-17-257255-index.html Edgar Link pending
0001193125-17-257255.txt Edgar Link pending
0001193125-17-257255-xbrl.zip Edgar Link pending
d403943d10q.htm Edgar Link pending
d403943dex311.htm Edgar Link pending
d403943dex312.htm Edgar Link pending
d403943dex321.htm Edgar Link pending
d403943dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
g403943001.jpg Edgar Link pending
nnbr-20170630.xml Edgar Link completed
nnbr-20170630.xsd Edgar Link pending
nnbr-20170630_cal.xml Edgar Link unprocessable
nnbr-20170630_def.xml Edgar Link unprocessable
nnbr-20170630_lab.xml Edgar Link unprocessable
nnbr-20170630_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
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.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