$NNBR
NN INC

2017 Q4 Form 10-Q Financial Statement

#000119312517339005 Filed on November 09, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q3
Revenue $156.1M $148.2M $146.7M
YoY Change -22.72% 0.98% -5.24%
Cost Of Revenue $118.8M $111.3M $107.2M
YoY Change 12.94% 3.81% -10.82%
Gross Profit $37.32M $36.88M $39.53M
YoY Change 2.25% -6.69% 14.15%
Gross Profit Margin 23.9% 24.9% 26.94%
Selling, General & Admin $22.50M $16.99M $14.20M
YoY Change 30.81% 19.6% 18.85%
% of Gross Profit 60.29% 46.05% 35.93%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.40M $13.38M $11.74M
YoY Change 8.85% 14.03% 36.32%
% of Gross Profit 35.9% 36.29% 29.69%
Operating Expenses $36.50M $16.99M $14.20M
YoY Change 20.46% 19.6% 18.85%
Operating Profit $821.0K $5.551M $12.99M
YoY Change -93.21% -57.25% 28.28%
Interest Expense -$12.10M $12.74M $15.80M
YoY Change -10.37% -19.38% 244.7%
% of Operating Profit -1473.81% 229.49% 121.69%
Other Income/Expense, Net $900.0K $755.0K $263.0K
YoY Change 50.0% 187.07% -144.35%
Pretax Income -$13.90M -$6.406M -$8.881M
YoY Change 82.89% -27.87% -279.6%
Income Tax -$65.30M -$1.724M -$8.246M
% Of Pretax Income
Net Earnings $50.82M $126.0M $4.147M
YoY Change 1559.09% 2937.4% -10.43%
Net Earnings / Revenue 32.55% 85.02% 2.83%
Basic Earnings Per Share $1.84 $4.57 $0.16
Diluted Earnings Per Share $1.82 $4.57 $0.16
COMMON SHARES
Basic Shares Outstanding 27.57M shares 27.54M shares 27.16M shares
Diluted Shares Outstanding 27.54M shares 27.32M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $224.4M $347.4M $14.80M
YoY Change 3461.9% 2247.3% -63.09%
Cash & Equivalents $224.4M $347.4M $14.79M
Short-Term Investments
Other Short-Term Assets $18.52M $20.19M $13.76M
YoY Change 163.45% 46.78% -21.65%
Inventory $82.62M $76.64M $118.8M
Prepaid Expenses
Receivables $108.4M $108.2M $147.4M
Other Receivables $43.30M $0.00 $700.0K
Total Short-Term Assets $477.3M $552.4M $295.5M
YoY Change 69.05% 86.96% 14.36%
LONG-TERM ASSETS
Property, Plant & Equipment $259.3M $238.8M $326.0M
YoY Change 12.68% -26.74% 22.29%
Goodwill $454.6M $443.5M $448.3M
YoY Change 2.5% -1.06% 424.6%
Intangibles
YoY Change
Long-Term Investments $39.82M $37.74M $38.93M
YoY Change 10.59% -3.05% 4.95%
Other Assets $6.307M $8.279M $11.06M
YoY Change -22.26% -25.13% -45.16%
Total Long-Term Assets $996.4M $965.1M $1.086B
YoY Change -7.39% -11.15% 135.56%
TOTAL ASSETS
Total Short-Term Assets $477.3M $552.4M $295.5M
Total Long-Term Assets $996.4M $965.1M $1.086B
Total Assets $1.474B $1.518B $1.382B
YoY Change 8.5% 9.83% 92.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $52.99M $48.33M $69.73M
YoY Change 18.57% -30.69% 15.57%
Accrued Expenses $21.10M $17.40M $26.20M
YoY Change 22.67% -33.59% 42.39%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $17.28M $21.09M $8.621M
YoY Change 35.54% 144.64% -60.23%
Total Short-Term Liabilities $108.4M $175.0M $136.4M
YoY Change -22.69% 28.33% 12.59%
LONG-TERM LIABILITIES
Long-Term Debt $790.8M $794.0M $795.7M
YoY Change 0.65% -0.21% 331.61%
Other Long-Term Liabilities $12.52M $10.89M $5.223M
YoY Change -12.48% 108.44% -58.49%
Total Long-Term Liabilities $803.3M $804.9M $800.9M
YoY Change 0.41% 0.5% 306.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $108.4M $175.0M $136.4M
Total Long-Term Liabilities $803.3M $804.9M $800.9M
Total Liabilities $988.9M $1.076B $1.055B
YoY Change -5.72% 1.98% 180.84%
SHAREHOLDERS EQUITY
Retained Earnings $211.1M
YoY Change 282.56%
Common Stock $292.8M
YoY Change 2.81%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $0.00 $441.3M $326.3M
YoY Change
Total Liabilities & Shareholders Equity $1.475B $1.518B $1.382B
YoY Change 8.59% 9.83% 92.04%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $50.82M $126.0M $4.147M
YoY Change 1559.09% 2937.4% -10.43%
Depreciation, Depletion And Amortization $13.40M $13.38M $11.74M
YoY Change 8.85% 14.03% 36.32%
Cash From Operating Activities -$59.56M $15.56M $34.51M
YoY Change -358.28% -54.91% 284.3%
INVESTING ACTIVITIES
Capital Expenditures -$12.05M -$11.01M -$13.95M
YoY Change 3.43% -21.08% 37.44%
Acquisitions
YoY Change
Other Investing Activities -$38.43M $364.0M $150.0K
YoY Change -6505.0% 242566.67% -93.18%
Cash From Investing Activities -$50.48M $353.0M -$13.80M
YoY Change 356.83% -2657.83% 73.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -13.17M -40.85M -21.94M
YoY Change 40.41% 86.19% -226.38%
NET CHANGE
Cash From Operating Activities -59.56M 15.56M 34.51M
Cash From Investing Activities -50.48M 353.0M -13.80M
Cash From Financing Activities -13.17M -40.85M -21.94M
Net Change In Cash -123.2M 327.7M -1.230M
YoY Change -4784.79% -26741.46% -106.69%
FREE CASH FLOW
Cash From Operating Activities -$59.56M $15.56M $34.51M
Capital Expenditures -$12.05M -$11.01M -$13.95M
Free Cash Flow -$47.51M $26.57M $48.46M
YoY Change -236.88% -45.17% 153.32%

Facts In Submission

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<div> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <i>Prior Periods&#x2019; Financial Statement Revision</i></p> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> In connection with the preparation of condensed consolidated financial statements as of and for the three-month and <font style="white-space:nowrap">six-month</font> periods ended June&#xA0;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 the acquisition of Autocam Corporation (&#x201C;Autocam&#x201D;) on August&#xA0;29, 2014. We remeasured the investment in the joint venture to fair value at the time of the acquisition, and we have accounted for the investment under the equity method of accounting. Following the completion of the Autocam acquisition, we accounted for the investment in the joint venture 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 the investment in the joint venture and the related currency translation adjustment impacts.</p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> We previously corrected as <font style="white-space:nowrap"><font style="white-space:nowrap">out-of-period</font></font> adjustments certain immaterial misstatements and reflected them in the prior period financial statements, where applicable. These immaterial previously recorded <font style="white-space:nowrap"><font style="white-space:nowrap">out-of-period</font></font> 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 the <font style="white-space:nowrap"><font style="white-space:nowrap">mark-to-market</font></font> adjustments on our interest rate hedge, net of tax, through other comprehensive income.</p> <p style="font-size:1px;margin-top:12px;margin-bottom:0px"> &#xA0;</p> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> 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>Accounting Changes and Error Corrections</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, certain amounts in the consolidated financial statements to correct these misstatements. See Note 15 for additional information on the revision.</p> </div>
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DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
215280000
us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
86430000
us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
130554000
us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
7723000
us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
17994000
us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
427000
us-gaap Disposal Group Including Discontinued Operation Other Expense
DisposalGroupIncludingDiscontinuedOperationOtherExpense
265000
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
168287000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.31 pure
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
233009000
us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
-9275000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
5913000
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
dei Document Type
DocumentType
10-Q
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.33
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
1368000
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
129353000
us-gaap Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
11589000
dei Document Period End Date
DocumentPeriodEndDate
2017-09-30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.33
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
5000
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
14000
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
2094000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-28018000
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-1.02
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
5.35
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
439000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-19178000
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
146579000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
15094000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
10764000
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-1674000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-46302000
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-1.02
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
5.35
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4139000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-14145000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3317000
us-gaap Interest Expense
InterestExpense
39916000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
332401000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
286000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-1080000
us-gaap Operating Income Loss
OperatingIncomeLoss
32294000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
11084000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
20327000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
945000
us-gaap Payments For Restructuring
PaymentsForRestructuring
1747000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6545000
us-gaap Payments Of Dividends
PaymentsOfDividends
5764000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
580000
us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
8000000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
31674000
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
371436000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
2945000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
639000
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-3968000
us-gaap Profit Loss
ProfitLoss
118561000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
317000000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
9243000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
301313000
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
2855000
us-gaap Restructuring Charges
RestructuringCharges
362000
us-gaap Sales Revenue Goods Net
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463658000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
6000 shares
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y6M0D
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
11.79
us-gaap Selling General And Administrative Expense
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52606000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y8M12D
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 Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
5467000
us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
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145426000
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
24.20
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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
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17000
us-gaap Stock Issued During Period Shares Stock Options Exercised
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250000 shares
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2945000
dei Trading Symbol
TradingSymbol
NNBR
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27403000 shares
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
8054000
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27403000 shares
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580000
nnbr Restructuring And Integration Charges
RestructuringAndIntegrationCharges
362000
nnbr Cumulative Effect Of Initial Adoption Of New Accounting Principles
CumulativeEffectOfInitialAdoptionOfNewAccountingPrinciples
740000
nnbr Reduction In Income Tax Expense
ReductionInIncomeTaxExpense
500000
nnbr Number Of Manufacturing Facilities
NumberOfManufacturingFacilities
33 Facility
nnbr Allocated Share Based Compensation Expense Excluding Discontinued Operations
AllocatedShareBasedCompensationExpenseExcludingDiscontinuedOperations
3220000
us-gaap Allocated Share Based Compensation Expense
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3559000
us-gaap Amortization Of Financing Costs
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3048000
us-gaap Capital Expenditure Discontinued Operations
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14015000
us-gaap Business Exit Costs1
BusinessExitCosts1
3316000
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0.21
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
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323660000
us-gaap Derivative Gain Loss On Derivative Net
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-609000
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
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1400000
us-gaap Depreciation Depletion And Amortization
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38411000
us-gaap Depreciation And Amortization Discontinued Operations
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8766000
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35 pure
us-gaap Disposal Group Including Discontinued Operation Revenue
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188149000
us-gaap Effective Income Tax Rate Continuing Operations
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0.51 pure
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
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18031000
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0.19
us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
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8766000
us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
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18356000
us-gaap Disposal Group Including Discontinued Operation Operating Expense
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2390000
us-gaap Disposal Group Including Discontinued Operation Other Expense
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325000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-1322000
us-gaap Disposal Group Including Discontinued Operation General And Administrative Expense
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13211000
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0.19
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us-gaap Gains Losses On Extinguishment Of Debt
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-2589000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Per Basic Share
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-0.27
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.47
us-gaap Increase Decrease In Accrued Income Taxes Payable
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us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1
2025000
us-gaap Income Loss From Discontinued Operations Net Of Tax
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12564000
us-gaap Increase Decrease In Accounts Receivable
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24422000
us-gaap Increase Decrease In Inventories
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9073000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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46291000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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3799000
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1774000
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421000
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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2553000
us-gaap Proceeds From Previous Acquisition
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1635000
us-gaap Proceeds From Sale Of Property Plant And Equipment
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366000
us-gaap Proceeds From Repayments Of Short Term Debt
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us-gaap Profit Loss
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5215000
us-gaap Proceeds From Issuance Of Long Term Debt
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39000000
us-gaap Repayments Of Long Term Debt
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3465000
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443310000
us-gaap Selling General And Administrative Expense
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46931000
us-gaap Severance Costs1
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1535000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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26973000 shares
us-gaap Write Off Of Deferred Debt Issuance Cost
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2589000
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26973000 shares
nnbr Restructuring And Integration Charges
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4851000
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3051000
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31600000
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CY2014 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
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-273000
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CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
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CY2014 us-gaap Profit Loss
ProfitLoss
8217000
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-1637000
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CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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-25011000
CY2015 us-gaap Profit Loss
ProfitLoss
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CY2016 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
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1910000
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ProfitLoss
7299000
CY2017Q1 us-gaap Comprehensive Income Net Of Tax
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12411000
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5004000
CY2017Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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5004000
CY2017Q1 us-gaap Profit Loss
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7407000
CY2016Q1 us-gaap Comprehensive Income Net Of Tax
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5230000
CY2016Q1 us-gaap Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1
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-635000
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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
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-1358000
CY2016Q3 us-gaap Allocated Share Based Compensation Expense
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904000
CY2016Q3 us-gaap Business Exit Costs1
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378000
CY2016Q3 us-gaap Common Stock Dividends Per Share Cash Paid
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0.07
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6321000
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107185000
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11737000
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1981000
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45353000
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2956000
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5742000
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58247000
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5644000
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2244000
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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 Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
263000
CY2016Q3 us-gaap Profit Loss
ProfitLoss
4455000
CY2016Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
146714000
CY2016Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
14201000
CY2016Q3 us-gaap Severance Costs1
SeveranceCosts1
228000
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27322000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27159000 shares
CY2016Q3 nnbr Restructuring And Integration Charges
RestructuringAndIntegrationCharges
606000
CY2017Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1767000
CY2017Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
619000
CY2017Q3 us-gaap Business Exit Costs1
BusinessExitCosts1
345000
CY2017Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.07
CY2017Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
129735000
CY2017Q3 us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
110836000
CY2017Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
300000
CY2017Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13075000
CY2017Q3 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
215280000
CY2017Q3 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
80849000
CY2017Q3 us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
26070000
CY2017Q3 us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
1611000
CY2017Q3 us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
1453000
CY2017Q3 us-gaap Disposal Group Including Discontinued Operation Other Expense
DisposalGroupIncludingDiscontinuedOperationOtherExpense
59000
CY2017Q3 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
31600000
CY2017Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.26 pure
CY2017Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
216674000
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.82
CY2017Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2017Q3 us-gaap Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
2466000
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.82
CY2017Q3 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
27000
CY2017Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-2930000
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.11
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
4.93
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
135825000
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-5568000
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.11
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
4.93
CY2017Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1202000
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1436000
CY2017Q3 us-gaap Interest Expense
InterestExpense
12739000
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
6296000
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3160000
CY2017Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
6083000
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
848000
CY2017Q3 us-gaap Profit Loss
ProfitLoss
132895000
CY2017Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
9243000
CY2017Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
148156000
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
16985000
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27544000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27544000 shares
CY2017Q3 nnbr Restructuring And Integration Charges
RestructuringAndIntegrationCharges
345000

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