2015 Q1 Form 10-Q Financial Statement
#000003069715000005 Filed on May 06, 2015
Income Statement
Concept | 2015 Q1 | 2014 Q1 | 2013 Q4 |
---|---|---|---|
Revenue | $451.8M | $508.5M | $592.4M |
YoY Change | -11.15% | -15.78% | -5.95% |
Cost Of Revenue | $305.1M | $363.4M | $436.4M |
YoY Change | -16.03% | -21.15% | -6.0% |
Gross Profit | $146.7M | $145.1M | $156.0M |
YoY Change | 1.08% | 1.56% | -5.82% |
Gross Profit Margin | 32.46% | 28.53% | 26.33% |
Selling, General & Admin | $59.70M | $69.60M | $77.20M |
YoY Change | -14.22% | 6.58% | 10.29% |
% of Gross Profit | 40.71% | 47.97% | 49.5% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $36.88M | $42.50M | $61.30M |
YoY Change | -13.22% | -18.87% | 45.61% |
% of Gross Profit | 25.15% | 29.29% | 39.3% |
Operating Expenses | $101.4M | $113.5M | $128.0M |
YoY Change | -10.66% | -3.32% | 20.19% |
Operating Profit | $37.91M | $87.27M | $28.88M |
YoY Change | -56.56% | 288.51% | -10.48% |
Interest Expense | $12.74M | $12.99M | $10.10M |
YoY Change | -1.93% | -38.02% | -184.17% |
% of Operating Profit | 33.61% | 14.89% | 34.97% |
Other Income/Expense, Net | $239.0K | $523.0K | -$2.100M |
YoY Change | -54.3% | -123.03% | 40.0% |
Pretax Income | $25.41M | $76.54M | $29.30M |
YoY Change | -66.81% | -10027.76% | 55.85% |
Income Tax | $7.257M | $30.24M | -$3.600M |
% Of Pretax Income | 28.56% | 39.51% | -12.29% |
Net Earnings | $27.51M | $46.30M | $33.07M |
YoY Change | -40.59% | 2070.79% | 25.32% |
Net Earnings / Revenue | 6.09% | 9.11% | 5.58% |
Basic Earnings Per Share | $0.08 | $0.12 | $0.08 |
Diluted Earnings Per Share | $0.07 | $0.12 | $0.08 |
COMMON SHARES | |||
Basic Shares Outstanding | 366.6M shares | 381.6M shares | 391.7M shares |
Diluted Shares Outstanding | 373.2M shares | 389.4M shares |
Balance Sheet
Concept | 2015 Q1 | 2014 Q1 | 2013 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $202.9M | $384.7M | $580.2M |
YoY Change | -47.26% | -10.26% | 27.97% |
Cash & Equivalents | $202.9M | $384.7M | $580.2M |
Short-Term Investments | |||
Other Short-Term Assets | $251.3M | $253.8M | $269.1M |
YoY Change | -0.99% | 31.64% | 48.26% |
Inventory | $7.941M | $9.032M | $10.23M |
Prepaid Expenses | |||
Receivables | $76.40M | $63.20M | $62.90M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $538.4M | $710.7M | $922.4M |
YoY Change | -24.24% | 2.17% | 29.95% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.288B | $1.147B | $1.133B |
YoY Change | 12.29% | -7.0% | -9.37% |
Goodwill | $818.8M | $826.7M | $842.5M |
YoY Change | -0.96% | -5.54% | -3.84% |
Intangibles | $1.345B | $1.345B | $1.306B |
YoY Change | 0.05% | 3.94% | 0.33% |
Long-Term Investments | $70.20M | $79.90M | $83.20M |
YoY Change | -12.14% | -27.95% | -26.57% |
Other Assets | $72.90M | $44.89M | $43.62M |
YoY Change | 62.4% | -6.66% | -16.13% |
Total Long-Term Assets | $3.595B | $3.443B | $3.441B |
YoY Change | 4.42% | -3.31% | -4.25% |
TOTAL ASSETS | |||
Total Short-Term Assets | $538.4M | $710.7M | $922.4M |
Total Long-Term Assets | $3.595B | $3.443B | $3.441B |
Total Assets | $4.134B | $4.154B | $4.363B |
YoY Change | -0.49% | -2.42% | 1.39% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $72.27M | $60.40M | $83.70M |
YoY Change | 19.66% | 9.01% | 18.18% |
Accrued Expenses | $123.9M | $139.0M | $160.1M |
YoY Change | -10.9% | 5.1% | 16.57% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $57.60M | $37.80M | $38.50M |
YoY Change | 52.38% | 173.91% | 198.45% |
Total Short-Term Liabilities | $332.6M | $308.9M | $349.5M |
YoY Change | 7.67% | 13.73% | 21.84% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.392B | $1.424B | $1.425B |
YoY Change | -2.21% | -1.24% | -1.34% |
Other Long-Term Liabilities | $203.9M | $206.0M | $176.2M |
YoY Change | -1.0% | 50.91% | 19.4% |
Total Long-Term Liabilities | $203.9M | $206.0M | $176.2M |
YoY Change | -1.0% | 50.91% | 19.4% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $332.6M | $308.9M | $349.5M |
Total Long-Term Liabilities | $203.9M | $206.0M | $176.2M |
Total Liabilities | $536.5M | $514.9M | $525.8M |
YoY Change | 4.2% | 26.16% | 21.01% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$438.6M | -$464.2M | -$492.2M |
YoY Change | -5.52% | -3.4% | 5.4% |
Common Stock | $47.04M | $47.04M | $47.04M |
YoY Change | 0.0% | 0.0% | 0.0% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $698.3M | $668.2M | $409.4M |
YoY Change | 4.51% | 76.32% | 6.93% |
Treasury Stock Shares | 105.1M shares | 103.7M shares | 77.64M shares |
Shareholders Equity | $1.716B | $1.723B | $1.929B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $4.134B | $4.154B | $4.363B |
YoY Change | -0.49% | -2.42% | 1.39% |
Cashflow Statement
Concept | 2015 Q1 | 2014 Q1 | 2013 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $27.51M | $46.30M | $33.07M |
YoY Change | -40.59% | 2070.79% | 25.32% |
Depreciation, Depletion And Amortization | $36.88M | $42.50M | $61.30M |
YoY Change | -13.22% | -18.87% | 45.61% |
Cash From Operating Activities | $21.74M | $14.74M | $77.10M |
YoY Change | 47.48% | -54.79% | 17.17% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$61.30M | -$53.10M | -$93.40M |
YoY Change | 15.44% | 32.75% | 31.0% |
Acquisitions | $1.232M | $0.00 | |
YoY Change | |||
Other Investing Activities | $151.0K | -$325.0K | $122.5M |
YoY Change | -146.46% | 115.23% | 642.42% |
Cash From Investing Activities | -$58.38M | $55.72M | $29.00M |
YoY Change | -204.77% | -248.22% | -152.92% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $20.20M | $18.31M | |
YoY Change | 10.34% | 16.58% | |
Common Stock Issuance & Retirement, Net | $36.96M | $277.3M | |
YoY Change | -86.67% | ||
Debt Paid & Issued, Net | $9.444M | $9.900M | |
YoY Change | -4.61% | 52.17% | |
Cash From Financing Activities | -$22.62M | -$264.2M | -37.60M |
YoY Change | -91.44% | 1316.87% | 251.4% |
NET CHANGE | |||
Cash From Operating Activities | $21.74M | $14.74M | 77.10M |
Cash From Investing Activities | -$58.38M | $55.72M | 29.00M |
Cash From Financing Activities | -$22.62M | -$264.2M | -37.60M |
Net Change In Cash | -$59.26M | -$193.7M | 68.50M |
YoY Change | -69.41% | 719.56% | 22733.33% |
FREE CASH FLOW | |||
Cash From Operating Activities | $21.74M | $14.74M | $77.10M |
Capital Expenditures | -$61.30M | -$53.10M | -$93.40M |
Free Cash Flow | $83.04M | $67.84M | $170.5M |
YoY Change | 22.4% | -6.56% | 24.36% |
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CY2015Q1 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
758000 | USD |
CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
76543000 | USD |
CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
39752000 | USD |
CY2014Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
30240000 | USD |
CY2015Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
12245000 | USD |
CY2014Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
2270000 | USD |
CY2015Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
4093000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-3012000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
4043000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
340000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
5040000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-34227000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-24753000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1156000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-891000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
6057000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
5641000 | USD |
CY2014Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
7801000 | shares |
CY2015Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
6624000 | shares |
CY2014Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1351365000 | USD |
CY2015Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1345478000 | USD |
CY2014Q1 | us-gaap |
Interest Expense
InterestExpense
|
12994000 | USD |
CY2015Q1 | us-gaap |
Interest Expense
InterestExpense
|
12757000 | USD |
CY2014Q1 | us-gaap |
Interest Paid
InterestPaid
|
11368000 | USD |
CY2015Q1 | us-gaap |
Interest Paid
InterestPaid
|
11968000 | USD |
CY2014Q4 | us-gaap |
Inventory Net
InventoryNet
|
8807000 | USD |
CY2015Q1 | us-gaap |
Inventory Net
InventoryNet
|
7941000 | USD |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4145842000 | USD |
CY2015Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4133835000 | USD |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
340224000 | USD |
CY2015Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
332604000 | USD |
CY2014Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
1394366000 | USD |
CY2015Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
1392309000 | USD |
CY2014Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
53777000 | USD |
CY2015Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
57571000 | USD |
CY2014Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
74054000 | USD |
CY2015Q1 | us-gaap |
Long Term Investments
LongTermInvestments
|
70242000 | USD |
CY2015Q1 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
2744000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-264176000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-22616000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
55724000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-58380000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
14741000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
21740000 | USD |
CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
46303000 | USD |
CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
27507000 | USD |
CY2014Q4 | us-gaap |
Number Of Interest Rate Derivatives Held
NumberOfInterestRateDerivativesHeld
|
7 | cash_flow_hedge |
CY2015Q1 | us-gaap |
Number Of Interest Rate Derivatives Held
NumberOfInterestRateDerivativesHeld
|
7 | cash_flow_hedge |
CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
89014000 | USD |
CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
52270000 | USD |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
64521000 | USD |
CY2015Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
72895000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-7340000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-20064000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-7220000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-17395000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-7340000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-20064000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-338000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
203000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
-213000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
124000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-458000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-2466000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
-287000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
-1502000 | USD |
CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
199833000 | USD |
CY2015Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
203928000 | USD |
CY2014Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
6571000 | USD |
CY2015Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
2804000 | USD |
CY2014Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
523000 | USD |
CY2015Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
239000 | USD |
CY2014Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-3357000 | USD |
CY2015Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-6149000 | USD |
CY2014Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-325000 | USD |
CY2015Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
151000 | USD |
CY2014Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
277261000 | USD |
CY2015Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
36963000 | USD |
CY2014Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD |
CY2015Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
112000 | USD |
CY2014Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
18306000 | USD |
CY2015Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
20199000 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1232000 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
0 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
2000000 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
53058000 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
61280000 | USD |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
73692000 | USD |
CY2015Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
83151000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
108457000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
6283000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
23147000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
17124000 | USD |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1271238000 | USD |
CY2015Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1288009000 | USD |
CY2014Q1 | us-gaap |
Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
|
-16800000 | USD |
CY2015Q1 | us-gaap |
Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
|
2532000 | USD |
CY2014Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
9900000 | USD |
CY2015Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
9444000 | USD |
CY2014Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
14711000 | USD |
CY2015Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
4613000 | USD |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-445917000 | USD |
CY2015Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-438612000 | USD |
CY2014Q1 | us-gaap |
Revenues
Revenues
|
523196000 | USD |
CY2015Q1 | us-gaap |
Revenues
Revenues
|
466246000 | USD |
CY2014Q1 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
432630000 | USD |
CY2015Q1 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
371867000 | USD |
CY2014Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10584000 | USD |
CY2015Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5068000 | USD |
CY2015Q1 | us-gaap |
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Upper Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeUpperBound
|
2153000 | USD |
CY2013 | us-gaap |
Significant Changes Franchises Sold
SignificantChangesFranchisesSold
|
244 | stores |
CY2014Q1 | us-gaap |
Significant Changes Franchises Sold
SignificantChangesFranchisesSold
|
178 | stores |
CY2014 | us-gaap |
Significant Changes Franchises Sold
SignificantChangesFranchisesSold
|
255 | stores |
CY2015Q1 | us-gaap |
Significant Changes Franchises Sold
SignificantChangesFranchisesSold
|
17 | stores |
CY2014Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
-999000 | USD |
CY2015Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
-502000 | USD |
CY2014Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
22780000 | USD |
CY2015Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
16533000 | USD |
CY2014Q1 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
275000000 | USD |
CY2014Q3 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
100000000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1717576000 | USD |
CY2015Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1715860000 | USD |
CY2013Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1929486000 | USD |
CY2014Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1723154000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1717576000 | USD |
CY2015Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1715860000 | USD |
CY2014Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
40000 | USD |
CY2015Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
46000 | USD |
CY2014Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
104614000 | shares |
CY2015Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
105128000 | shares |
CY2014Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
29730000 | shares |
CY2015Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
3342000 | shares |
CY2014Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
679220000 | USD |
CY2015Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
698345000 | USD |
CY2014Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
277261000 | USD |
CY2015Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
36963000 | USD |
CY2015Q1 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
|
3686000 | USD |
CY2014Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
389352000 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
373208000 | shares |
CY2014Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
381551000 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
366584000 | shares |
CY2014Q4 | wen |
Advertising Funds Restricted Assets
AdvertisingFundsRestrictedAssets
|
65308000 | USD |
CY2015Q1 | wen |
Advertising Funds Restricted Assets
AdvertisingFundsRestrictedAssets
|
78872000 | USD |
CY2014Q4 | wen |
Advertising Funds Restricted Liabilities
AdvertisingFundsRestrictedLiabilities
|
65308000 | USD |
CY2015Q1 | wen |
Advertising Funds Restricted Liabilities
AdvertisingFundsRestrictedLiabilities
|
78872000 | USD |
CY2014Q1 | wen |
Equity In Earnings For Period Net Of Amortization Of Purchase Price Adjustments
EquityInEarningsForPeriodNetOfAmortizationOfPurchasePriceAdjustments
|
2156000 | USD |
CY2015Q1 | wen |
Equity In Earnings For Period Net Of Amortization Of Purchase Price Adjustments
EquityInEarningsForPeriodNetOfAmortizationOfPurchasePriceAdjustments
|
2042000 | USD |
CY2015Q1 | wen |
Futurecompanyownedrestaurantownershippercentage
Futurecompanyownedrestaurantownershippercentage
|
0.05 | |
CY2014Q1 | wen |
Noncash Rent Expense Income
NoncashRentExpenseIncome
|
1726000 | USD |
CY2015Q1 | wen |
Noncash Rent Expense Income
NoncashRentExpenseIncome
|
1789000 | USD |
CY2014Q4 | wen |
Number Of Restaurants Classified As Assets Held For Sale
NumberOfRestaurantsClassifiedAsAssetsHeldForSale
|
106 | stores |
CY2015Q1 | wen |
Number Of Restaurants Classified As Assets Held For Sale
NumberOfRestaurantsClassifiedAsAssetsHeldForSale
|
84 | stores |
CY2014Q1 | wen |
Prior Period Reclassificationof System Optimization Remeasurement
PriorPeriodReclassificationofSystemOptimizationRemeasurement
|
0 | USD |
CY2014Q1 | wen |
Prior Period Reclassificationsof Gainon Property Plant Equipment Net
PriorPeriodReclassificationsofGainonPropertyPlantEquipmentNet
|
0 | USD |
CY2015Q1 | wen |
Significant Changes Planned Franchisesto Sell
SignificantChangesPlannedFranchisestoSell
|
540 | stores |
CY2015Q1 | wen |
State Income Tax Benefitfrom Tax Examination
StateIncomeTaxBenefitfromTaxExamination
|
1872000 | USD |
CY2014Q1 | wen |
Stock Repurchase Program Cost Incurred
StockRepurchaseProgramCostIncurred
|
2261000 | USD |
CY2015Q1 | wen |
Stock Repurchase Program Cost Incurred
StockRepurchaseProgramCostIncurred
|
51000 | USD |
CY2014Q1 | wen |
Totalof Income Statement Line Items Affectedby Prior Period Reclassifications
TotalofIncomeStatementLineItemsAffectedbyPriorPeriodReclassifications
|
52395000 | USD |
CY2014Q1 | wen |
Treasury Stock Value Acquired Cost Methodexcluding Commissions
TreasuryStockValueAcquiredCostMethodexcludingCommissions
|
275000000 | USD |
CY2015Q1 | wen |
Treasury Stock Value Acquired Cost Methodexcluding Commissions
TreasuryStockValueAcquiredCostMethodexcludingCommissions
|
36912000 | USD |
CY2015Q1 | us-gaap |
Loss Contingency Disclosures
LossContingencyDisclosures
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Multiemployer Pension Plan</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As further described in the Form 10-K, in December 2013, The New Bakery Co. of Ohio, Inc. (the “Bakery Company”), a 100% owned subsidiary of Wendy’s, now known as The New Bakery Company, LLC, terminated its participation in the Bakery and Confectionery Union and Industry International Pension Fund (the “Union Pension Fund”) and formally notified the plan’s trustees of its withdrawal from the plan. The Union Pension Fund administrator acknowledged the withdrawal, which required Wendy’s to assume an estimated withdrawal liability of </font><font style="font-family:inherit;font-size:10pt;">$13,500</font><font style="font-family:inherit;font-size:10pt;"> based on the applicable requirements of the Employee Retirement Income Security Act, as amended, and which was included in “Cost of sales” during the fourth quarter of 2013. As a result, Wendy’s made payments to the Union Pension Fund aggregating </font><font style="font-family:inherit;font-size:10pt;">$915</font><font style="font-family:inherit;font-size:10pt;"> during 2014 and the </font><font style="font-family:inherit;font-size:10pt;">first quarter of 2015</font><font style="font-family:inherit;font-size:10pt;"> which were recorded as a reduction to the withdrawal liability. The Bakers Local No. 57, Bakery, Confectionery, Tobacco Workers & Grain Millers International Union of America, AFL-CIO (the “Union”) filed a charge with the National Labor Relations Board (the “NLRB”) related to the Bakery Company’s withdrawal from the Union Pension Fund. On July 22, 2014, The New Bakery of Zanesville, LLC (“Zanesville”), a 100% owned subsidiary of Wendy’s, and the Union entered into a settlement agreement with the NLRB.  The terms of the settlement include an agreement by Zanesville and the Union to recommence negotiations. On March 27, 2015, Zanesville and the Union signed a memorandum of agreement outlining the terms for a new collective bargaining agreement, including re-entering the Union Pension Fund and signing the collective bargaining agreement on or about May 15, 2015. The terms of the collective bargaining agreement have been ratified by the Union and will be effective upon execution of the collective bargaining agreement. The Company is currently negotiating the potential sale of the Bakery Company which would result in the buyer signing the collective bargaining agreement and re-entering the Union Pension Fund. As a result, the Company concluded that its loss contingency for the pension withdrawal payments was no longer probable and, as such, reversed </font><font style="font-family:inherit;font-size:10pt;">$12,486</font><font style="font-family:inherit;font-size:10pt;"> of the outstanding withdrawal liability to “Cost of sales” during the first quarter of 2015.</font></div></div> |