$WMS
ADVANCED DRAINAGE SYSTEMS, INC.

2014 Q3 Form 10-Q Financial Statement

#000119312514405364 Filed on November 10, 2014

View on sec.gov

Income Statement

Concept 2014 Q3 2013 Q3
Revenue $366.7M $332.7M
YoY Change 10.21%
Cost Of Revenue $297.0M $260.0M
YoY Change 14.2%
Gross Profit $70.44M $65.59M
YoY Change 7.39%
Gross Profit Margin 19.21% 19.71%
Selling, General & Admin $34.08M $36.08M
YoY Change -5.54%
% of Gross Profit 48.39% 55.01%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.239M $9.196M
YoY Change 0.47%
% of Gross Profit 13.12% 14.02%
Operating Expenses $34.08M $36.08M
YoY Change -5.54%
Operating Profit $32.79M $34.28M
YoY Change -4.34%
Interest Expense -$5.044M -$3.866M
YoY Change 30.47%
% of Operating Profit -15.38% -11.28%
Other Income/Expense, Net $7.000K -$287.0K
YoY Change -102.44%
Pretax Income $27.99M $30.12M
YoY Change -7.09%
Income Tax $8.926M $12.24M
% Of Pretax Income 31.9% 40.64%
Net Earnings $17.25M $14.74M
YoY Change 17.03%
Net Earnings / Revenue 4.7% 4.43%
Basic Earnings Per Share $0.42 $0.21
Diluted Earnings Per Share $0.42 $0.21
COMMON SHARES
Basic Shares Outstanding 51.52M shares 47.25M shares
Diluted Shares Outstanding 56.46M shares 47.58M shares

Balance Sheet

Concept 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.600M
YoY Change
Cash & Equivalents $6.581M $2.036M
Short-Term Investments
Other Short-Term Assets $13.70M
YoY Change
Inventory $247.4M
Prepaid Expenses
Receivables $246.0M
Other Receivables $0.00
Total Short-Term Assets $514.9M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $288.2M
YoY Change
Goodwill $86.28M
YoY Change
Intangibles $60.27M
YoY Change
Long-Term Investments $30.11M
YoY Change
Other Assets $68.59M
YoY Change
Total Long-Term Assets $503.3M
YoY Change
TOTAL ASSETS
Total Short-Term Assets $514.9M
Total Long-Term Assets $503.3M
Total Assets $1.018B
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $113.5M
YoY Change
Accrued Expenses $50.20M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $11.15M
YoY Change
Total Short-Term Liabilities $190.5M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $386.4M
YoY Change
Other Long-Term Liabilities $14.26M
YoY Change
Total Long-Term Liabilities $400.7M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $190.5M
Total Long-Term Liabilities $400.7M
Total Liabilities $655.6M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $12.39M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $447.7M
YoY Change
Treasury Stock Shares
Shareholders Equity $231.4M
YoY Change
Total Liabilities & Shareholders Equity $1.018B
YoY Change

Cashflow Statement

Concept 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income $17.25M $14.74M
YoY Change 17.03%
Depreciation, Depletion And Amortization $9.239M $9.196M
YoY Change 0.47%
Cash From Operating Activities $33.40M $33.30M
YoY Change 0.3%
INVESTING ACTIVITIES
Capital Expenditures $8.164M -$9.000M
YoY Change -190.71%
Acquisitions
YoY Change
Other Investing Activities -$200.0K -$5.000M
YoY Change -96.0%
Cash From Investing Activities -$8.300M -$14.00M
YoY Change -40.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -23.20M -20.30M
YoY Change 14.29%
NET CHANGE
Cash From Operating Activities 33.40M 33.30M
Cash From Investing Activities -8.300M -14.00M
Cash From Financing Activities -23.20M -20.30M
Net Change In Cash 1.900M -1.000M
YoY Change -290.0%
FREE CASH FLOW
Cash From Operating Activities $33.40M $33.30M
Capital Expenditures $8.164M -$9.000M
Free Cash Flow $25.24M $42.30M
YoY Change -40.34%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q3 us-gaap Common Stock Value
CommonStockValue
12393000
CY2014Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q2 wms Related Assets Book Value
RelatedAssetsBookValue
1029000
CY2013Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-292772000
CY2013Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2639000
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2036000
CY2013Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
9319000
CY2014Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
153560000 shares
CY2014Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-8483000
CY2014Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
113530000
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
CY2014Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
52935000 shares
CY2014Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2014Q3 us-gaap Number Of Interest Rate Derivatives Held
NumberOfInterestRateDerivativesHeld
2 Derivative
CY2014Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q3 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.02603 pure
CY2014Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
253305000
CY2014Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
408568000
CY2014Q3 us-gaap Liabilities Current
LiabilitiesCurrent
190546000
CY2014Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
22360000
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
52938098 shares
CY2014Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
9141000 shares
CY2014Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
11148000
CY2014Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
64398000
CY2014Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
696738000
CY2014Q3 us-gaap Loss Contingency Range Of Possible Loss Maximum
LossContingencyRangeOfPossibleLossMaximum
364000
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
231419000
CY2014Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
14263000
CY2014Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
43508000
CY2014Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
386435000
CY2014Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1018224000
CY2014Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
62241000
CY2014Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
675183000
CY2014Q3 us-gaap Debt Default Longterm Debt Amount
DebtDefaultLongtermDebtAmount
100000000
CY2014Q3 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
326623000
CY2014Q3 us-gaap Minority Interest
MinorityInterest
21886000
CY2014Q3 us-gaap Line Of Credit
LineOfCredit
8005000
CY2014Q3 us-gaap Liabilities
Liabilities
655642000
CY2014Q3 us-gaap Long Term Debt
LongTermDebt
397583000
CY2014Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
123195000
CY2014Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3819000
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6581000
CY2014Q3 us-gaap Goodwill
Goodwill
86280000
CY2014Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
288170000
CY2014Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
248120000
CY2014Q3 us-gaap Deferred Income Taxes And Other Assets Current
DeferredIncomeTaxesAndOtherAssetsCurrent
12848000
CY2014Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
122507000
CY2014Q3 us-gaap Equity Method Investments
EquityMethodInvestments
30113000
CY2014Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
48278000
CY2014Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
188695000
CY2014Q3 us-gaap Assets
Assets
1018224000
CY2014Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
5307000
CY2014Q3 us-gaap Inventory Net
InventoryNet
247368000
CY2014Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
58673000
CY2014Q3 us-gaap Unearned Esop Shares
UnearnedESOPShares
217346000
CY2014Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
60266000
CY2014Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
68591000
CY2014Q3 us-gaap Treasury Stock Value
TreasuryStockValue
447674000
CY2014Q3 us-gaap Assets Current
AssetsCurrent
514917000
CY2014Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
110519000
CY2014Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
0
CY2014Q3 wms Number Of Unconsolidated Joint Ventures
NumberOfUnconsolidatedJointVentures
3 JointVenture
CY2014Q3 wms Intangible Assets Accumulated Amortization
IntangibleAssetsAccumulatedAmortization
62241000
CY2014Q3 wms Mezzanine Equity Value
MezzanineEquityValue
109277000
CY2013Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-285722000
CY2013Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-856000
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1361000
CY2014Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
109951000 shares
CY2014Q1 us-gaap Long Term Debt
LongTermDebt
454048000
CY2014Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3977000
CY2014Q1 us-gaap Minority Interest
MinorityInterest
22576000
CY2014Q1 us-gaap Liabilities
Liabilities
691980000
CY2014Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
54194000
CY2014Q1 us-gaap Percentage Of Weighted Average Cost Inventory
PercentageOfWeightedAverageCostInventory
0.11 pure
CY2014Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
148271000 shares
CY2014Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-397336000
CY2014Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
391474000
CY2014Q1 us-gaap Liabilities Current
LiabilitiesCurrent
164592000
CY2014Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
7372000
CY2014Q1 us-gaap Common Stock Value
CommonStockValue
11957000
CY2014Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-5977000
CY2014Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
108111000
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
CY2014Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
11153000
CY2014Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
69169000
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
-419912000
CY2014Q1 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
RedeemableNoncontrollingInterestEquityCommonCarryingAmount
549119000
CY2014Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
15324000
CY2014Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
37956000
CY2014Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
442895000
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
937595000
CY2014Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
56162000
CY2014Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
22547000
CY2014Q1 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
291720000
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3931000
CY2014Q1 us-gaap Goodwill
Goodwill
86297000
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
292082000
CY2014Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
150713000
CY2014Q1 us-gaap Deferred Income Taxes And Other Assets Current
DeferredIncomeTaxesAndOtherAssetsCurrent
13555000
CY2014Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
122346000
CY2014Q1 us-gaap Equity Method Investments
EquityMethodInvestments
25231000
CY2014Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
208033000
CY2014Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
683556000
CY2014Q1 us-gaap Loss Contingency Range Of Possible Loss Maximum
LossContingencyRangeOfPossibleLossMaximum
420000
CY2014Q1 us-gaap Assets
Assets
937595000
CY2014Q1 us-gaap Inventory Net
InventoryNet
260300000
CY2014Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
52267000
CY2014Q1 us-gaap Unearned Esop Shares
UnearnedESOPShares
197888000
CY2014Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
110356000
CY2014Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
64533000
CY2014Q1 us-gaap Treasury Stock Value
TreasuryStockValue
448439000
CY2014Q1 us-gaap Assets Current
AssetsCurrent
428499000
CY2014Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
66184000
CY2014Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
0
CY2014Q1 wms Intangible Assets Accumulated Amortization
IntangibleAssetsAccumulatedAmortization
56162000
CY2014Q1 wms Mezzanine Equity Value
MezzanineEquityValue
642951000
CY2013Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
4848000
CY2013Q2 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
5877000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.53
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.401 pure
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
414000 shares
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
3283000
us-gaap Employee Stock Ownership Plan Esop Weighted Average Purchase Price Of Shares Purchased
EmployeeStockOwnershipPlanESOPWeightedAveragePurchasePriceOfSharesPurchased
10.92
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47634000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.54
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.06
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
63000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47220000 shares
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
1178000
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
1380000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
25284000
us-gaap Gross Profit
GrossProfit
139222000
us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
-1023000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
626342000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
242300000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
21700000
us-gaap Payments Of Dividends
PaymentsOfDividends
3079000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3053000
us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
-238000
us-gaap Profit Loss
ProfitLoss
34493000
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-3969000
us-gaap Temporary Equity Other Changes
TemporaryEquityOtherChanges
-4764000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
526000
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
5300000
us-gaap Operating Income Loss
OperatingIncomeLoss
66929000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-7967000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
31835000
us-gaap Payments For Repurchase Of Redeemable Convertible Preferred Stock
PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock
3146000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
58146000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
533000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2311000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-816000
us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-2699000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
4848000
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
77500000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
25284000
us-gaap Net Income Loss
NetIncomeLoss
33618000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
246000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-3974000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-345000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
31440000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
35843000
us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
5026000
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
-28408000
us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
-963000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5722000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
675000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23308000
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
100000000
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
5877000
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
430000
us-gaap Convertible Preferred Stock Converted To Other Securities
ConvertiblePreferredStockConvertedToOtherSecurities
4764000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
487120000
us-gaap Depreciation
Depreciation
18606000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
27988000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
20428000
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-918000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-673000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
3124000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-23036000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-1270000
us-gaap Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
16000
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
11607000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-916000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
171000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
35576000
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
490000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
875000
us-gaap Preferred Stock Conversions Inducements
PreferredStockConversionsInducements
-4764000
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
225400000
us-gaap Dividends Common Stock
DividendsCommonStock
2724000
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
25000000
wms Other Comprehensive Income Loss Other Before Tax
OtherComprehensiveIncomeLossOtherBeforeTax
5000
wms Other Comprehensive Income Loss Other Tax
OtherComprehensiveIncomeLossOtherTax
2000
wms Reclassification Of Common Stock To Redeemable Common Stock Value
ReclassificationOfCommonStockToRedeemableCommonStockValue
-385000
wms Adjustments To Redeemable Common Stock Fair Value Measurement
AdjustmentsToRedeemableCommonStockFairValueMeasurement
-30528000
wms Earnings Before Interest Income Taxes Depreciation Amortization From Reportable Segment After Adjustments
EarningsBeforeInterestIncomeTaxesDepreciationAmortizationFromReportableSegmentAfterAdjustments
101109000
wms Dividends Redeemable Convertible Preferred Stock
DividendsRedeemableConvertiblePreferredStock
355000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
invest Derivative Type Of Interest Rate Paid On Swap
DerivativeTypeOfInterestRatePaidOnSwap
90-Day LIBOR interest rate
dei Document Type
DocumentType
10-Q
dei Entity Registrant Name
EntityRegistrantName
ADVANCED DRAINAGE SYSTEMS, INC.
dei Trading Symbol
TradingSymbol
WMS
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.384 pure
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
278000 shares
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
10807000
us-gaap Employee Stock Ownership Plan Esop Weighted Average Purchase Price Of Shares Purchased
EmployeeStockOwnershipPlanESOPWeightedAveragePurchasePriceOfSharesPurchased
12.34
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 4%; MARGIN-TOP: 0pt"> <b><i>Estimates</i></b><i>&#xA0;</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 4%; MARGIN-TOP: 6pt"> The preparation of our condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include, but are not limited to, our allowance for doubtful accounts, useful lives of our property, plant and equipment and amortizing intangible assets, valuation allowance on deferred tax assets, reserves for uncertain tax positions, evaluation of goodwill, intangible assets and other long-lived assets for impairment, accounting for stock based compensation and our ESOP, reserves for general liability, workers&#x2019; compensation, and medical insurance, cash discounts and customer rebates and valuation of our Redeemable Common Stock and Redeemable Convertible Preferred Stock. Management&#x2019;s estimates and assumptions are evaluated on an ongoing basis and are based on historical experience, current conditions and available information. Management believes the accounting estimates are appropriate and reasonably determined; however, due to the inherent uncertainties in making these estimates, actual results could differ from those estimates.</p> </div>
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 Segment
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--03-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52198000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.45
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
2382000 shares
dei Entity Central Index Key
EntityCentralIndexKey
0001604028
us-gaap Derivative Maturity Dates
DerivativeMaturityDates
2013-09-01
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
1998000
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
2008000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
23535000
us-gaap Gross Profit
GrossProfit
154475000
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
57000 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Segment
us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
983000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
693021000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
227000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49538000 shares
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
72298000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
15643000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3418000
us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
-163000
us-gaap Profit Loss
ProfitLoss
37437000
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-4268000
us-gaap Temporary Equity Other Changes
TemporaryEquityOtherChanges
-65921000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
523000
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
7566000
us-gaap Operating Income Loss
OperatingIncomeLoss
70777000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-8953000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
34125000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
61817000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
525000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-7000
us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-3356000
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
2500000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
22462000
us-gaap Net Income Loss
NetIncomeLoss
36631000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1817000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-4268000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-623000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
34019000
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
1522000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
39008000
us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
5374000
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
-25502000
us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
-1665000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
1073000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5279000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
27486000
us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
-17000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
17836000
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-850000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-432000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
3040000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-25742000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-912000
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
10342000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-850000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
0
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-251000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
2650000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23757000
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
75000
us-gaap Convertible Preferred Stock Converted To Other Securities
ConvertiblePreferredStockConvertedToOtherSecurities
11054000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
538546000
us-gaap Depreciation
Depreciation
18399000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
39411000
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
584000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
806000
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
1739000
us-gaap Preferred Stock Conversions Inducements
PreferredStockConversionsInducements
-11054000
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
79131000
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
174760000
wms Payment For Initial Public Offering Cost
PaymentForInitialPublicOfferingCost
4458000
wms Earnings Before Interest Income Taxes Depreciation Amortization From Reportable Segment After Adjustments
EarningsBeforeInterestIncomeTaxesDepreciationAmortizationFromReportableSegmentAfterAdjustments
109663000
wms Fair Value Assets And Liabilities Transfers Between Level One Level Two And Level Three
FairValueAssetsAndLiabilitiesTransfersBetweenLevelOneLevelTwoAndLevelThree
0
wms Amortization Period
AmortizationPeriod
P10Y
wms Termination Of Redemption Feature Upon Ipo Value
TerminationOfRedemptionFeatureUponIpoValue
615040000
wms Adjustments To Redeemable Convertible Preferred Stock Fair Value Measurement
AdjustmentsToRedeemableConvertiblePreferredStockFairValueMeasurement
-11054000
CY2014 wms Fair Value Assets And Liabilities Transfers Between Level One Level Two And Level Three
FairValueAssetsAndLiabilitiesTransfersBetweenLevelOneLevelTwoAndLevelThree
0
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.26
CY2013Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
329000 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47579000 shares
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.26
CY2013Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.03
CY2013Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
38000 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47250000 shares
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
12378000
CY2013Q3 us-gaap Gross Profit
GrossProfit
73219000
CY2013Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
333240000
CY2013Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
8558000
CY2013Q3 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
-319000
CY2013Q3 us-gaap Profit Loss
ProfitLoss
17783000
CY2013Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
1164000
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
34275000
CY2013Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-3866000
CY2013Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
19029000
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
30122000
CY2013Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-287000
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12378000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
17322000
CY2013Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
1164000
CY2013Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-97000
CY2013Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
19193000
CY2013Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
18166000
CY2013Q3 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
2506000
CY2013Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
-13914000
CY2013Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2861000
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12242000
CY2013Q3 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
214000
CY2013Q3 us-gaap Convertible Preferred Stock Converted To Other Securities
ConvertiblePreferredStockConvertedToOtherSecurities
3186000
CY2013Q3 us-gaap Cost Of Goods Sold
CostOfGoodsSold
260021000
CY2013Q3 us-gaap Depreciation
Depreciation
9196000
CY2013Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
13887000
CY2013Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-246000
CY2013Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1536000
CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-297000
CY2013Q3 us-gaap Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
8000
CY2013Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
6049000
CY2013Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-246000
CY2013Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
17917000
CY2013Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
461000
CY2013Q3 us-gaap Preferred Stock Conversions Inducements
PreferredStockConversionsInducements
-3186000
CY2013Q3 wms Earnings Before Interest Income Taxes Depreciation Amortization From Reportable Segment After Adjustments
EarningsBeforeInterestIncomeTaxesDepreciationAmortizationFromReportableSegmentAfterAdjustments
51567000
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
231000 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56463000 shares
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.51
CY2014Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
4714000 shares
CY2014Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
22000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51518000 shares
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
28669000
CY2014Q3 us-gaap Gross Profit
GrossProfit
82442000
CY2014Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
364724000
CY2014Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
8193000
CY2014Q3 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
-67000
CY2014Q3 us-gaap Profit Loss
ProfitLoss
22768000
CY2014Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-4608000
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
41163000
CY2014Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-4338000
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
19579000
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
36832000
CY2014Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7000
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
26268000
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
22390000
CY2014Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-4608000
CY2014Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2000
CY2014Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
19198000
CY2014Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
19762000
CY2014Q3 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
2687000
CY2014Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
-29672000
CY2014Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
2401000
CY2014Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2638000
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14062000
CY2014Q3 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
37000
CY2014Q3 us-gaap Convertible Preferred Stock Converted To Other Securities
ConvertiblePreferredStockConvertedToOtherSecurities
-7319000
CY2014Q3 us-gaap Cost Of Goods Sold
CostOfGoodsSold
282282000
CY2014Q3 us-gaap Depreciation
Depreciation
9239000
CY2014Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
13783000
CY2014Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-1038000
CY2014Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
3404000
CY2014Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-759000
CY2014Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4554000
CY2014Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-1038000
CY2014Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18879000
CY2014Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
378000
CY2014Q3 us-gaap Preferred Stock Conversions Inducements
PreferredStockConversionsInducements
7319000
CY2014Q3 wms Earnings Before Interest Income Taxes Depreciation Amortization From Reportable Segment After Adjustments
EarningsBeforeInterestIncomeTaxesDepreciationAmortizationFromReportableSegmentAfterAdjustments
60458000

Files In Submission

Name View Source Status
0001193125-14-405364-index-headers.html Edgar Link pending
0001193125-14-405364-index.html Edgar Link pending
0001193125-14-405364.txt Edgar Link pending
0001193125-14-405364-xbrl.zip Edgar Link pending
d798118d10q.htm Edgar Link pending
d798118dex103.htm Edgar Link pending
d798118dex311.htm Edgar Link pending
d798118dex312.htm Edgar Link pending
d798118dex321.htm Edgar Link pending
d798118dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx 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
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
wms-20140930.xml Edgar Link completed
wms-20140930.xsd Edgar Link pending
wms-20140930_cal.xml Edgar Link unprocessable
wms-20140930_def.xml Edgar Link unprocessable
wms-20140930_lab.xml Edgar Link unprocessable
wms-20140930_pre.xml Edgar Link unprocessable