2014 Q2 Form 10-Q Financial Statement

#000142322114000006 Filed on June 05, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $135.2M $125.1M
YoY Change 8.05% -35.64%
Cost Of Revenue $108.6M $95.73M
YoY Change 13.49% -44.29%
Gross Profit $26.56M $29.41M
YoY Change -9.69% 30.09%
Gross Profit Margin 19.64% 23.5%
Selling, General & Admin $20.39M $28.20M
YoY Change -27.69% -3.17%
% of Gross Profit 76.78% 95.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.494M $11.50M
YoY Change -26.14% 19.79%
% of Gross Profit 31.98% 39.1%
Operating Expenses $20.39M $28.20M
YoY Change -27.69% -3.17%
Operating Profit -$2.828M -$8.605M
YoY Change -67.14% -46.48%
Interest Expense $143.0K $174.0K
YoY Change -17.82% 52.63%
% of Operating Profit
Other Income/Expense, Net -$22.00K $9.000K
YoY Change -344.44% -123.08%
Pretax Income -$2.993M -$8.769M
YoY Change -65.87% -45.98%
Income Tax $963.0K $1.906M
% Of Pretax Income
Net Earnings $20.13M -$7.348M
YoY Change -373.97% -40.19%
Net Earnings / Revenue 14.89% -5.87%
Basic Earnings Per Share $0.54 -$0.20
Diluted Earnings Per Share $0.53 -$0.20
COMMON SHARES
Basic Shares Outstanding 37.22M shares 36.85M shares
Diluted Shares Outstanding 37.84M shares 36.85M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $127.0M $9.600M
YoY Change 1222.92% -82.26%
Cash & Equivalents $127.0M $9.628M
Short-Term Investments
Other Short-Term Assets $25.60M $32.70M
YoY Change -21.71% 18.48%
Inventory $54.99M $77.21M
Prepaid Expenses
Receivables $52.34M $95.58M
Other Receivables $0.00 $0.00
Total Short-Term Assets $259.9M $215.2M
YoY Change 20.78% -5.96%
LONG-TERM ASSETS
Property, Plant & Equipment $111.9M $179.0M
YoY Change -37.5% 9.3%
Goodwill $72.41M $71.00M
YoY Change 1.98% 3.35%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.638M $15.68M
YoY Change -64.04% 1.77%
Total Long-Term Assets $272.1M $359.5M
YoY Change -24.32% 5.97%
TOTAL ASSETS
Total Short-Term Assets $259.9M $215.2M
Total Long-Term Assets $272.1M $359.5M
Total Assets $531.9M $574.7M
YoY Change -7.43% 1.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $42.13M $77.63M
YoY Change -45.72% 12.03%
Accrued Expenses $31.26M $39.98M
YoY Change -21.81% -5.7%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $200.0K $300.0K
YoY Change -33.33% -25.0%
Total Short-Term Liabilities $74.57M $117.9M
YoY Change -36.74% 5.22%
LONG-TERM LIABILITIES
Long-Term Debt $600.0K $11.10M
YoY Change -94.59% 825.0%
Other Long-Term Liabilities $11.35M $17.15M
YoY Change -33.83% 18.59%
Total Long-Term Liabilities $11.35M $17.15M
YoY Change -33.83% 18.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $74.57M $117.9M
Total Long-Term Liabilities $11.35M $17.15M
Total Liabilities $95.93M $167.6M
YoY Change -42.76% 10.1%
SHAREHOLDERS EQUITY
Retained Earnings $190.7M $174.6M
YoY Change 9.24% -8.54%
Common Stock $376.0K $378.0K
YoY Change -0.53% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.771M $9.781M
YoY Change -81.89% -28.27%
Treasury Stock Shares 125.8K shares 694.2K shares
Shareholders Equity $436.0M $407.1M
YoY Change
Total Liabilities & Shareholders Equity $531.9M $574.7M
YoY Change -7.43% 1.17%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $20.13M -$7.348M
YoY Change -373.97% -40.19%
Depreciation, Depletion And Amortization $8.494M $11.50M
YoY Change -26.14% 19.79%
Cash From Operating Activities $500.0K $9.500M
YoY Change -94.74% -168.35%
INVESTING ACTIVITIES
Capital Expenditures -$11.90M -$13.50M
YoY Change -11.85% 1.5%
Acquisitions
YoY Change
Other Investing Activities $111.0M $300.0K
YoY Change 36900.0%
Cash From Investing Activities $99.10M -$13.20M
YoY Change -850.76% -0.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.600M 8.500M
YoY Change -81.18% -1800.0%
NET CHANGE
Cash From Operating Activities 500.0K 9.500M
Cash From Investing Activities 99.10M -13.20M
Cash From Financing Activities 1.600M 8.500M
Net Change In Cash 101.2M 4.800M
YoY Change 2008.33% -117.33%
FREE CASH FLOW
Cash From Operating Activities $500.0K $9.500M
Capital Expenditures -$11.90M -$13.50M
Free Cash Flow $12.40M $23.00M
YoY Change -46.09% -3933.33%

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1500000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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171000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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639000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
171000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
639000 USD
CY2014Q2 us-gaap Fifo Inventory Amount
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50670000 USD
CY2013Q4 us-gaap Fifo Inventory Amount
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39589000 USD
us-gaap Finite Lived Intangible Asset Useful Life
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P5Y
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
45189000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
50007000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
35814000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
4560000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
8626000 USD
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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500000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
8371000 USD
us-gaap Goodwill Translation Adjustments
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545000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
8732000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
9003000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
124151000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
125113000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Net
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75106000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
78962000 USD
CY2014Q2 us-gaap Foreign Currency Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
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0 USD
CY2013Q4 us-gaap Foreign Currency Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
ForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
164000 USD
CY2014Q2 us-gaap Foreign Currency Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
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-19000 USD
CY2013Q4 us-gaap Foreign Currency Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
ForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
-39000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
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66000 USD
CY2013Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-331000 USD
CY2014Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
170000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
331000 USD
CY2014Q2 us-gaap Gain Contingency Unrecorded Amount
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4800000 USD
CY2013Q2 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
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326000 USD
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
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-94000 USD
CY2014Q2 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-208000 USD
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-382000 USD
us-gaap Gain On Business Interruption Insurance Recovery
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5700000 USD
CY2014Q2 us-gaap Goodwill
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72411000 USD
CY2013Q4 us-gaap Goodwill
Goodwill
71866000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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-18010000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-8769000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-3899000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2993000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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-6863000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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-12033000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-3241000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-2030000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
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-0.05
CY2013Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.19
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.33
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.09
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.33
CY2014Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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-0.05
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.09
CY2013Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.19
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-3433000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
19472000 USD
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
22161000 USD
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-485000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.09
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.53
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
us-gaap Increase Decrease In Inventories
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22834000 USD
us-gaap Increase Decrease In Inventories
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6267000 USD
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-3539000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
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1066000 USD
us-gaap Increase Decrease In Other Operating Assets
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-1046000 USD
us-gaap Increase Decrease In Other Operating Assets
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583000 USD
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.59
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.09
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.52
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.58
CY2014Q2 us-gaap Income Tax Expense Benefit
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963000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
658000 USD
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1906000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5977000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
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6380000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
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-3964000 USD
us-gaap Increase Decrease In Accounts Payable
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-4236000 USD
us-gaap Increase Decrease In Accounts Payable
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10127000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
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1667000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
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1766000 USD
us-gaap Increase Decrease In Accrued Liabilities
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-7468000 USD
us-gaap Increase Decrease In Accrued Liabilities
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-6234000 USD
CY2014Q1 us-gaap Increase Decrease In Assets Held For Sale
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800000 USD
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160000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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-2419000 USD
us-gaap Increase Decrease In Pension And Postretirement Obligations
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297000 USD
us-gaap Increase Decrease In Pension And Postretirement Obligations
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8100000 USD
CY2013Q2 us-gaap Interest Expense
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174000 USD
us-gaap Interest Expense
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294000 USD
CY2014Q2 us-gaap Interest Expense
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143000 USD
us-gaap Interest Expense
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284000 USD
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27446000 USD
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19767000 USD
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60098000 USD
CY2013Q4 us-gaap Inventory Gross
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46719000 USD
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54986000 USD
CY2013Q4 us-gaap Inventory Net
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41679000 USD
CY2013Q4 us-gaap Inventory Raw Materials
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26201000 USD
CY2014Q2 us-gaap Inventory Raw Materials
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31653000 USD
CY2013Q4 us-gaap Inventory Valuation Reserves
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5040000 USD
CY2014Q2 us-gaap Inventory Valuation Reserves
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5112000 USD
CY2014Q2 us-gaap Investment Income Interest
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16000 USD
CY2013Q2 us-gaap Investment Income Interest
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14000 USD
us-gaap Investment Income Interest
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34000 USD
us-gaap Investment Income Interest
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22000 USD
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593000 USD
CY2013Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
162000 USD
CY2014Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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143000000 USD
CY2013Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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139000000 USD
CY2013Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
701000 USD
CY2014Q2 us-gaap Lifo Inventory Amount
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4316000 USD
CY2013Q4 us-gaap Lifo Inventory Amount
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2090000 USD
CY2014Q2 us-gaap Letters Of Credit Outstanding Amount
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6200000 USD
CY2013Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
6200000 USD
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155624000 USD
CY2014Q2 us-gaap Liabilities
Liabilities
95932000 USD
CY2014Q2 us-gaap Liabilities And Stockholders Equity
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531940000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
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571818000 USD
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121869000 USD
CY2014Q2 us-gaap Liabilities Current
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74572000 USD
CY2014Q2 us-gaap Liabilities Fair Value Disclosure
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-19000 USD
CY2013Q4 us-gaap Liabilities Fair Value Disclosure
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CY2013Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
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49364000 USD
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0 USD
CY2014Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
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0 USD
CY2013Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
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9539000 USD
CY2014Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
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5481000 USD
CY2013Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
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5396000 USD
CY2014Q2 us-gaap Line Of Credit Facility Interest Rate At Period End
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0.0325
CY2013Q4 us-gaap Line Of Credit Facility Interest Rate At Period End
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0.0325
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178000 USD
us-gaap Loss From Catastrophes
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2300000 USD
us-gaap Malpractice Insurance Deductible1
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500000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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6596000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
423000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
87946000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-47057000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-20783000 USD
us-gaap Net Income Loss
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16231000 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-8604000 USD
us-gaap Operating Income Loss
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us-gaap Operating Income Loss
OperatingIncomeLoss
-3689000 USD
CY2014Q2 us-gaap Operating Income Loss
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us-gaap Other Asset Impairment Charges
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500000 USD
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5572000 USD
CY2014Q2 us-gaap Other Assets Noncurrent
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5638000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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122000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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1227000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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1282000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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-326000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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-1227000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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1296000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-148000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-273000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-14000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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1418000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1227000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-53000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2013Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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0 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
122000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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0 USD
CY2013Q4 us-gaap Other Deferred Compensation Arrangements Liability Current And Noncurrent
OtherDeferredCompensationArrangementsLiabilityCurrentAndNoncurrent
3600000 USD
CY2014Q2 us-gaap Other Deferred Compensation Arrangements Liability Current And Noncurrent
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1800000 USD
us-gaap Other Income
OtherIncome
80000 USD
CY2014Q2 us-gaap Other Income
OtherIncome
0 USD
us-gaap Other Income
OtherIncome
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CY2013Q2 us-gaap Other Income
OtherIncome
0 USD
CY2013Q4 us-gaap Other Inventory Supplies
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751000 USD
CY2014Q2 us-gaap Other Inventory Supplies
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999000 USD
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11351000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
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14640000 USD
us-gaap Other Noncash Income Expense
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778000 USD
us-gaap Other Noncash Income Expense
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1427000 USD
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us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
74000 USD
us-gaap Other Nonoperating Gains Losses
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CY2013Q2 us-gaap Other Nonoperating Gains Losses
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9000 USD
CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
74000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-82000 USD
CY2013Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
9000 USD
us-gaap Payments Of Debt Issuance Costs
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0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1163000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2989000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2964000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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5161000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
22096000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
18597000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
24983000 USD
CY2014Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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3935000 USD
CY2013Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
3479000 USD
CY2014Q2 us-gaap Preferred Stock No Par Value
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0.00
CY2013Q4 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0.00
CY2014Q2 us-gaap Preferred Stock Shares Authorized
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1000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
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4912000 USD
CY2014Q2 us-gaap Prepaid Expense And Other Assets Current
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5068000 USD
CY2013Q4 us-gaap Price Risk Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
PriceRiskDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
-64000 USD
CY2014Q2 us-gaap Price Risk Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
PriceRiskDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
0 USD
us-gaap Proceeds From Divestiture Of Businesses
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110000000 USD
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
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1400000 USD
us-gaap Proceeds From Lines Of Credit
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0 USD
us-gaap Proceeds From Lines Of Credit
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14500000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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CY2013Q2 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
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us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
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us-gaap Repayments Of Long Term Debt And Capital Securities
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SalesRevenueGoodsNet
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SalesRevenueGoodsNet
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us-gaap Selling General And Administrative Expense
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsTotalShareBasedLiabilitiesPaid
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
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CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
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CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
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StockIssuedDuringPeriodValueStockOptionsExercised
2882000 USD
nx Asset Impairment Charges Including Discontinued Operations
AssetImpairmentChargesIncludingDiscontinuedOperations
0 USD
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
15.64
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
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CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
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CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
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us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y11M
CY2014Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
6767000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y10M
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y6M24D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
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CY2014Q2 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
2000000 USD
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
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us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
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us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
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CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
416194000 USD
us-gaap Stockholders Equity Other
StockholdersEquityOther
171000 USD
CY2014Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
125756 shares
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
488385 shares
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
6881000 USD
CY2014Q2 us-gaap Treasury Stock Value
TreasuryStockValue
1771000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
13300000 USD
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37838000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36830000 shares
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36850000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37108000 shares
CY2014Q2 nx Accrued Liabilities Relatedto Saleof Nichols Transaction
AccruedLiabilitiesRelatedtoSaleofNicholsTransaction
4200000 USD
nx Asset Impairment Charges Including Discontinued Operations
AssetImpairmentChargesIncludingDiscontinuedOperations
1007000 USD
CY2014Q2 nx Capitalized Amountto Rebuild Asset
CapitalizedAmounttoRebuildAsset
6500000 USD
CY2014Q2 nx Disallowancenotaffectannualeffectivetaxrate
Disallowancenotaffectannualeffectivetaxrate
12500000 USD
CY2013Q4 nx Disposal Group Including Discontinued Operation Current Maturities Of Long Term Debt
DisposalGroupIncludingDiscontinuedOperationCurrentMaturitiesOfLongTermDebt
22000 USD
CY2013Q4 nx Disposal Group Including Discontinued Operation Deferred Tax Assets Current
DisposalGroupIncludingDiscontinuedOperationDeferredTaxAssetsCurrent
4123000 USD
CY2013Q4 nx Disposal Group Including Discontinued Operation Environmental Reserves
DisposalGroupIncludingDiscontinuedOperationEnvironmentalReserves
9255000 USD
CY2013Q4 nx Disposal Group Including Discontinued Operation Income Tax Receivable
DisposalGroupIncludingDiscontinuedOperationIncomeTaxReceivable
2314000 USD
CY2013Q4 nx Disposal Group Including Discontinued Operation Long Term Debt
DisposalGroupIncludingDiscontinuedOperationLongTermDebt
51000 USD
nx Expected Effective Income Tax Rate Continuing Operations
ExpectedEffectiveIncomeTaxRateContinuingOperations
0.169
nx Expected Effective Income Tax Rate Continuing Operations
ExpectedEffectiveIncomeTaxRateContinuingOperations
0.332
CY2014Q2 nx Interest Coverage Ratio
InterestCoverageRatio
3.00
CY2014Q2 nx Leverage Ratio
LeverageRatio
3.25
CY2014Q2 nx Line Of Credit Facility Additional Aggregate Commitments Increase Limit
LineOfCreditFacilityAdditionalAggregateCommitmentsIncreaseLimit
100000000 USD
CY2014Q2 nx Line Of Credit Facility Total Commitments Limit
LineOfCreditFacilityTotalCommitmentsLimit
250000000 USD
CY2014Q2 nx Maximumlettersofcredit
Maximumlettersofcredit
50000000 USD
CY2014Q2 nx Paymentof Vested Balance Under Supplemental Benefit Plan
PaymentofVestedBalanceUnderSupplementalBenefitPlan
1700000 USD
nx Purchasedfrom Nichols Historically
PurchasedfromNicholsHistorically
12000000 USD
CY2014Q2 nx Reimbursementfor Payroll Fundingfrom Aleris
ReimbursementforPayrollFundingfromAleris
3300000 USD
CY2014Q2 nx Service Fee Receivablefrom Aleris
ServiceFeeReceivablefromAleris
300000 USD
CY2014Q2 nx Subsequent Event Losson Saleofan Asset
SubsequentEventLossonSaleofanAsset
100000 USD
CY2014Q2 nx Subsequent Event Proceedsfrom Saleofan Asset
SubsequentEventProceedsfromSaleofanAsset
400000 USD
CY2014Q2 nx Total Receivablefrom Aleris
TotalReceivablefromAleris
3600000 USD
CY2014Q2 nx Uncertaintaxpositionindeferredtaxes
Uncertaintaxpositionindeferredtaxes
7800000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--10-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-04-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001423221
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
37514676 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Quanex Building Products Corporation
dei Trading Symbol
TradingSymbol
NX

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0001423221-14-000006-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
nx-20140430.xml Edgar Link completed
nx-20140430.xsd Edgar Link pending
nx-20140430_cal.xml Edgar Link unprocessable
nx-20140430_def.xml Edgar Link unprocessable
nx-20140430_lab.xml Edgar Link unprocessable
nx-20140430_pre.xml Edgar Link unprocessable
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