$TNC
TENNANT CO

2013 Q1 Form 10-Q Financial Statement

#000009713413000021 Filed on April 26, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2012 Q1
Revenue $168.1M $173.7M
YoY Change -3.24% 0.65%
Cost Of Revenue $95.57M $98.39M
YoY Change -2.87% -2.29%
Gross Profit $72.52M $75.32M
YoY Change -3.71% 4.71%
Gross Profit Margin 43.14% 43.36%
Selling, General & Admin $58.12M $59.71M
YoY Change -2.67% 3.85%
% of Gross Profit 80.14% 79.28%
Research & Development $7.518M $7.270M
YoY Change 3.41% 15.4%
% of Gross Profit 10.37% 9.65%
Depreciation & Amortization $4.492M $4.464M
YoY Change 0.63% -14.15%
% of Gross Profit 6.19% 5.93%
Operating Expenses $65.64M $66.98M
YoY Change -2.01% 5.16%
Operating Profit $6.883M $8.335M
YoY Change -17.42% 1.26%
Interest Expense $467.0K $712.0K
YoY Change -34.41% 256.0%
% of Operating Profit 6.78% 8.54%
Other Income/Expense, Net -$671.0K -$597.0K
YoY Change 12.4%
Pretax Income $6.212M $7.738M
YoY Change -19.72% -7.88%
Income Tax $1.153M $2.414M
% Of Pretax Income 18.56% 31.2%
Net Earnings $5.059M $5.324M
YoY Change -4.98% -9.24%
Net Earnings / Revenue 3.01% 3.06%
Basic Earnings Per Share $0.28 $0.28
Diluted Earnings Per Share $0.27 $0.28
COMMON SHARES
Basic Shares Outstanding 18.34M shares 18.72M shares
Diluted Shares Outstanding 18.89M shares 19.23M shares

Balance Sheet

Concept 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $49.80M $39.50M
YoY Change 26.08% 1.54%
Cash & Equivalents $49.76M $39.54M
Short-Term Investments
Other Short-Term Assets $253.0K $25.60M
YoY Change -99.01% 10.82%
Inventory $64.13M $68.10M
Prepaid Expenses $13.18M
Receivables $130.4M $124.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $268.2M $257.2M
YoY Change 4.28% -1.0%
LONG-TERM ASSETS
Property, Plant & Equipment $84.45M $87.30M
YoY Change -3.27% 2.83%
Goodwill $19.80M
YoY Change
Intangibles $19.93M
YoY Change
Long-Term Investments
YoY Change
Other Assets $9.503M $22.10M
YoY Change -57.0% 3.27%
Total Long-Term Assets $144.0M $153.4M
YoY Change -6.11% 0.72%
TOTAL ASSETS
Total Short-Term Assets $268.2M $257.2M
Total Long-Term Assets $144.0M $153.4M
Total Assets $412.2M $410.6M
YoY Change 0.4% -0.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $51.58M $44.20M
YoY Change 16.7% -3.28%
Accrued Expenses $25.00M $23.30M
YoY Change 7.3% 3.56%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.600M $4.200M
YoY Change -61.9% 31.25%
Total Short-Term Liabilities $116.0M $108.4M
YoY Change 7.05% 0.84%
LONG-TERM LIABILITIES
Long-Term Debt $30.20M $31.80M
YoY Change -5.03% -14.29%
Other Long-Term Liabilities $4.577M $42.40M
YoY Change -89.21% 9.56%
Total Long-Term Liabilities $63.73M $74.20M
YoY Change -14.12% -2.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $116.0M $108.4M
Total Long-Term Liabilities $63.73M $74.20M
Total Liabilities $179.8M $186.3M
YoY Change -3.51% -0.75%
SHAREHOLDERS EQUITY
Retained Earnings $233.1M
YoY Change
Common Stock $6.911M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $232.5M $224.3M
YoY Change
Total Liabilities & Shareholders Equity $412.2M $410.6M
YoY Change 0.4% -0.36%

Cashflow Statement

Concept 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income $5.059M $5.324M
YoY Change -4.98% -9.24%
Depreciation, Depletion And Amortization $4.492M $4.464M
YoY Change 0.63% -14.15%
Cash From Operating Activities $7.263M -$2.930M
YoY Change -347.88% -59.31%
INVESTING ACTIVITIES
Capital Expenditures $4.017M $4.219M
YoY Change -4.79% -363.69%
Acquisitions
YoY Change
Other Investing Activities $700.0K $100.0K
YoY Change 600.0% -50.0%
Cash From Investing Activities -$3.279M -$4.081M
YoY Change -19.65% 172.07%
FINANCING ACTIVITIES
Cash Dividend Paid $3.314M $3.203M
YoY Change 3.47%
Common Stock Issuance & Retirement, Net $4.720M $2.485M
YoY Change 89.94%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$7.754M -$6.043M
YoY Change 28.31% -179.51%
NET CHANGE
Cash From Operating Activities $7.263M -$2.930M
Cash From Investing Activities -$3.279M -$4.081M
Cash From Financing Activities -$7.754M -$6.043M
Net Change In Cash -$3.770M -$13.05M
YoY Change -71.12% 1086.73%
FREE CASH FLOW
Cash From Operating Activities $7.263M -$2.930M
Capital Expenditures $4.017M $4.219M
Free Cash Flow $3.246M -$7.149M
YoY Change -145.4% 27.66%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q1 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
130427000 USD
CY2012Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
138147000 USD
CY2012Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
47002000 USD
CY2013Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
51580000 USD
CY2012Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
785000 USD
CY2013Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1019000 USD
CY2012Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
208717000 USD
CY2013Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
210437000 USD
CY2013Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-31490000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-30333000 USD
CY2012Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
22398000 USD
CY2013Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
23928000 USD
CY2012Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
776000 USD
CY2013Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
644000 USD
CY2012Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1690000 USD
CY2013Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1707000 USD
CY2013Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
644000 USD
CY2012 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
776000 USD
CY2013Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
212968 shares
CY2012Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
177414 shares
CY2012Q4 us-gaap Assets
Assets
420760000 USD
CY2013Q1 us-gaap Assets
Assets
412249000 USD
CY2012Q4 us-gaap Assets Current
AssetsCurrent
273446000 USD
CY2013Q1 us-gaap Assets Current
AssetsCurrent
268220000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
53940000 USD
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
49755000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
52339000 USD
CY2012Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
39537000 USD
CY2013Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-4185000 USD
CY2012Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-12802000 USD
CY2013Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
CY2012Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.17
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.375
CY2013Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.375
CY2013Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
60000000 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
60000000 shares
CY2013Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
18430239 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
18464450 shares
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
18464450 shares
CY2013Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
18430239 shares
CY2013Q1 us-gaap Common Stock Value
CommonStockValue
6911000 USD
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
6924000 USD
CY2012Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
7745000 USD
CY2013Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
3903000 USD
CY2012Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
98393000 USD
CY2013Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
95569000 USD
CY2012Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
32323000 USD
CY2013Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
31767000 USD
CY2013Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
1537000 USD
CY2012Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-998000 USD
CY2012Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
11339000 USD
CY2013Q1 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
10294000 USD
CY2013Q1 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
10352000 USD
CY2012Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
10989000 USD
CY2013Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3164000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
3325000 USD
CY2013Q1 us-gaap Depreciation
Depreciation
4492000 USD
CY2012Q1 us-gaap Depreciation
Depreciation
4464000 USD
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2013Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-415000 USD
CY2012Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
252000 USD
CY2013Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
24999000 USD
CY2012Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
33021000 USD
CY2012Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
612000 USD
CY2013Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
708000 USD
CY2013Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
708000 USD
CY2012Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
612000 USD
CY2012Q4 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
37907000 USD
CY2013Q1 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
42062000 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
14278000 USD
CY2013Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
14477000 USD
CY2013Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
10516000 USD
CY2013Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1536000 USD
CY2013Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1838000 USD
CY2013Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2003000 USD
CY2013Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2003000 USD
CY2013Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2033000 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
35671000 USD
CY2013Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
34406000 USD
CY2013Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
19929000 USD
CY2012Q4 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
115000 USD
CY2012Q4 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
420000 USD
CY2013Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-324000 USD
CY2012Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-230000 USD
CY2012 us-gaap Gain Loss On Foreign Currency Derivatives Recorded In Earnings Net
GainLossOnForeignCurrencyDerivativesRecordedInEarningsNet
645000 USD
CY2013Q1 us-gaap Gain Loss On Foreign Currency Derivatives Recorded In Earnings Net
GainLossOnForeignCurrencyDerivativesRecordedInEarningsNet
1050000 USD
CY2013Q1 us-gaap Goodwill
Goodwill
19798000 USD
CY2012Q4 us-gaap Goodwill
Goodwill
19717000 USD
CY2013Q1 us-gaap Goodwill Gross
GoodwillGross
65722000 USD
CY2012Q4 us-gaap Goodwill Gross
GoodwillGross
68585000 USD
CY2012Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
-48868000 USD
CY2013Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
-45924000 USD
CY2013Q1 us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
-2863000 USD
CY2012Q1 us-gaap Gross Profit
GrossProfit
75319000 USD
CY2013Q1 us-gaap Gross Profit
GrossProfit
72523000 USD
CY2013Q1 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
7558000 USD
CY2013Q1 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
414000 USD
CY2012Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
7738000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
6212000 USD
CY2012Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2414000 USD
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1153000 USD
CY2012Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
1180000 USD
CY2013Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
940000 USD
CY2013Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
5816000 USD
CY2012Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1176000 USD
CY2013Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5939000 USD
CY2012Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5107000 USD
CY2013Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-1847000 USD
CY2012Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
3477000 USD
CY2013Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-469000 USD
CY2012Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-3056000 USD
CY2013Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-8736000 USD
CY2012Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-10310000 USD
CY2013Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-7097000 USD
CY2012Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-2851000 USD
CY2012Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-4792000 USD
CY2013Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-100000 USD
CY2013Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
545384 shares
CY2012Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
506116 shares
CY2012Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
21393000 USD
CY2013Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
19929000 USD
CY2013Q1 us-gaap Interest Expense
InterestExpense
467000 USD
CY2012Q1 us-gaap Interest Expense
InterestExpense
712000 USD
CY2013Q1 us-gaap Interest Paid
InterestPaid
424000 USD
CY2012Q1 us-gaap Interest Paid
InterestPaid
675000 USD
CY2013Q1 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
27608000 USD
CY2012Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
27608000 USD
CY2013Q1 us-gaap Inventory Net
InventoryNet
64126000 USD
CY2012Q4 us-gaap Inventory Net
InventoryNet
58136000 USD
CY2013Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
114000 USD
CY2012Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
310000 USD
CY2013Q1 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
22064000 USD
CY2012Q4 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
20229000 USD
CY2013Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
2014000 USD
CY2012Q4 us-gaap Liabilities
Liabilities
185706000 USD
CY2013Q1 us-gaap Liabilities
Liabilities
179766000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
420760000 USD
CY2013Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
412249000 USD
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
121694000 USD
CY2013Q1 us-gaap Liabilities Current
LiabilitiesCurrent
116041000 USD
CY2013Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
63725000 USD
CY2012Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
64012000 USD
CY2013Q1 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
78000 USD
CY2013Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
30200000 USD
CY2012Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
30281000 USD
CY2012Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
2042000 USD
CY2013Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1567000 USD
CY2013Q1 us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
2102000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-7754000 USD
CY2012Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6043000 USD
CY2012Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4081000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3279000 USD
CY2012Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2930000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7263000 USD
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
5324000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
5059000 USD
CY2012Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-597000 USD
CY2013Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-671000 USD
CY2013Q1 us-gaap Notes Payable
NotesPayable
750000 USD
CY2013Q1 us-gaap Notional Amount Of Foreign Currency Derivatives
NotionalAmountOfForeignCurrencyDerivatives
37299000 USD
CY2012Q4 us-gaap Notional Amount Of Foreign Currency Derivatives
NotionalAmountOfForeignCurrencyDerivatives
41247000 USD
CY2013Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4
CY2013Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2013Q1 us-gaap Operating Expenses
OperatingExpenses
65640000 USD
CY2012Q1 us-gaap Operating Expenses
OperatingExpenses
66984000 USD
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
6883000 USD
CY2012Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
8335000 USD
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
4710000 USD
CY2013Q1 us-gaap Other Assets Current
OtherAssetsCurrent
253000 USD
CY2012Q4 us-gaap Other Assets Current
OtherAssetsCurrent
388000 USD
CY2013Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
9503000 USD
CY2012Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
9022000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1412000 USD
CY2012Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2166000 USD
CY2012Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2421000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1156000 USD
CY2012Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-255000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-256000 USD
CY2012Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
38844000 USD
CY2013Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
36876000 USD
CY2012Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4533000 USD
CY2013Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4577000 USD
CY2013Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
5000 USD
CY2012Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-25000 USD
CY2012Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
35000 USD
CY2013Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6000 USD
CY2013Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7515000 USD
CY2012Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4109000 USD
CY2013Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
3314000 USD
CY2013Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4017000 USD
CY2012Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
3203000 USD
CY2012Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4219000 USD
CY2013Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.02
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.02
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2013Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2013Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
13177000 USD
CY2012Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
11309000 USD
CY2012Q1 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
CY2013Q1 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
699000 USD
CY2012Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1624000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2795000 USD
CY2012Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
138000 USD
CY2013Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
39000 USD
CY2012Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
294910000 USD
CY2013Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
294884000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
86193000 USD
CY2013Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
84447000 USD
CY2012Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
286000 USD
CY2013Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
313000 USD
CY2013Q1 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
428000 USD
CY2012Q1 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
967000 USD
CY2013Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7518000 USD
CY2012Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7270000 USD
CY2012Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
187000 USD
CY2013Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
188000 USD
CY2012Q4 tnc Allowance For Doubtful Accounts Receivable And Sales Returns Current
AllowanceForDoubtfulAccountsReceivableAndSalesReturnsCurrent
4399000 USD
CY2013Q1 tnc Allowance For Doubtful Accounts Receivable And Sales Returns Current
AllowanceForDoubtfulAccountsReceivableAndSalesReturnsCurrent
4246000 USD
CY2013Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
233134000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
236065000 USD
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
168092000 USD
CY2012Q1 us-gaap Sales Revenue Net
SalesRevenueNet
173712000 USD
CY2013Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
58122000 USD
CY2012Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
59714000 USD
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1707000 USD
CY2012Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1690000 USD
CY2013Q1 us-gaap Significant Purchase Commitment Remaining Minimum Amount Committed
SignificantPurchaseCommitmentRemainingMinimumAmountCommitted
1883000 USD
CY2011Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
8759000 USD
CY2012Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
8810000 USD
CY2013Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
9121000 USD
CY2012Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
9357000 USD
CY2012Q1 us-gaap Standard Product Warranty Accrual Currency Translation Increase Decrease
StandardProductWarrantyAccrualCurrencyTranslationIncreaseDecrease
53000 USD
CY2013Q1 us-gaap Standard Product Warranty Accrual Currency Translation Increase Decrease
StandardProductWarrantyAccrualCurrencyTranslationIncreaseDecrease
-81000 USD
CY2013Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
-2455000 USD
CY2012Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
-2929000 USD
CY2013Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
2300000 USD
CY2012Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
2927000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
235054000 USD
CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
232483000 USD
CY2013Q1 us-gaap Term Of Unrecorded Unconditional Purchase Obligation
TermOfUnrecordedUnconditionalPurchaseObligation
three year
CY2013Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3496000 USD
CY2013Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
445000 USD
CY2013Q1 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
63000 USD
CY2013Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
3272000 USD
CY2012Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19228272 shares
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18889317 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18343933 shares
CY2012Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18722156 shares
CY2013Q1 tnc Aggregate Residual Value At Lease Expiration For Vehicle Leases
AggregateResidualValueAtLeaseExpirationForVehicleLeases
11673000 USD
CY2012Q4 tnc Employee Related Liabilities Noncurrent
EmployeeRelatedLiabilitiesNoncurrent
25873000 USD
CY2013Q1 tnc Employee Related Liabilities Noncurrent
EmployeeRelatedLiabilitiesNoncurrent
25784000 USD
CY2013Q1 tnc Goodwill Net Foreign Currency Fluctuations
GoodwillNetForeignCurrencyFluctuations
81000 USD
CY2013Q1 tnc Impairment Losses Foreign Currency Fluctuations
ImpairmentLossesForeignCurrencyFluctuations
2944000 USD
CY2013Q1 tnc Inventory Finished Goods Fifo
InventoryFinishedGoodsFifo
30133000 USD
CY2012Q4 tnc Inventory Finished Goods Fifo
InventoryFinishedGoodsFifo
25623000 USD
CY2013Q1 tnc Inventory Finished Goods Lifo
InventoryFinishedGoodsLifo
35678000 USD
CY2012Q4 tnc Inventory Finished Goods Lifo
InventoryFinishedGoodsLifo
33546000 USD
CY2013Q1 tnc Inventory Raw Materials Production Parts And Work In Process Fifo
InventoryRawMaterialsProductionPartsAndWorkInProcessFifo
11929000 USD
CY2012Q4 tnc Inventory Raw Materials Production Parts And Work In Process Fifo
InventoryRawMaterialsProductionPartsAndWorkInProcessFifo
12284000 USD
CY2013Q1 tnc Inventory Raw Materials Production Parts And Work In Process Lifo
InventoryRawMaterialsProductionPartsAndWorkInProcessLifo
13994000 USD
CY2012Q4 tnc Inventory Raw Materials Production Parts And Work In Process Lifo
InventoryRawMaterialsProductionPartsAndWorkInProcessLifo
14291000 USD
CY2013Q1 tnc Liability For Estimated End Of Term Loss Related To Residual Value Guarantee
LiabilityForEstimatedEndOfTermLossRelatedToResidualValueGuarantee
400000 USD
CY2013Q1 tnc Line Of Credit Facility Committed Lines Of Credit
LineOfCreditFacilityCommittedLinesOfCredit
125000000 USD
CY2013Q1 tnc Line Of Credit Facility Ebitda To Interest Expense Ratio
LineOfCreditFacilityEbitdaToInterestExpenseRatio
36.41 to 1
CY2013Q1 tnc Line Of Credit Facility Indebtedness To Ebitda Ratio
LineOfCreditFacilityIndebtednessToEbitdaRatio
0.42 to 1
CY2013Q1 tnc Line Of Credit Facility Uncommitted Lines Of Credit
LineOfCreditFacilityUncommittedLinesOfCredit
87562000 USD
CY2013Q1 tnc Operating Lease Commitment Term
OperatingLeaseCommitmentTerm
P5Y
CY2013Q1 tnc Original Debt Amount Owed To Previous Owners Of Acquired Business
OriginalDebtAmountOwedToPreviousOwnersOfAcquiredBusiness
1500000 USD
CY2013Q1 tnc Us Pension Plan Contributions
USPensionPlanContributions
0 USD
CY2012Q1 tnc Us Pension Plan Contributions
USPensionPlanContributions
-846000 USD
CY2013Q1 tnc Warranty Terms Maximum
WarrantyTermsMaximum
4
CY2013Q1 tnc Warranty Terms Minimum Period
WarrantyTermsMinimumPeriod
1
CY2013Q1 dei Amendment Flag
AmendmentFlag
false
CY2013Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2013Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013Q1 dei Document Period End Date
DocumentPeriodEndDate
2013-03-31
CY2013Q1 dei Document Type
DocumentType
10-Q
CY2013Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000097134
CY2013Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
18401356 shares
CY2013Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012Q2 dei Entity Public Float
EntityPublicFloat
732202104 USD
CY2013Q1 dei Entity Registrant Name
EntityRegistrantName
Tennant Company
CY2013Q1 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013Q1 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

Files In Submission

Name View Source Status
0000097134-13-000021-index-headers.html Edgar Link pending
0000097134-13-000021-index.html Edgar Link pending
0000097134-13-000021.txt Edgar Link pending
0000097134-13-000021-xbrl.zip Edgar Link pending
exhibit_31-1.htm Edgar Link pending
exhibit_31-2.htm Edgar Link pending
exhibit_32-1.htm Edgar Link pending
exhibit_32-2.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
form_10q.htm Edgar Link pending
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
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
tennantlogotealbox1in1.jpg Edgar Link pending
tnc-20130331.xml Edgar Link completed
tnc-20130331.xsd Edgar Link pending
tnc-20130331_cal.xml Edgar Link unprocessable
tnc-20130331_def.xml Edgar Link unprocessable
tnc-20130331_lab.xml Edgar Link unprocessable
tnc-20130331_pre.xml Edgar Link unprocessable