$WMS
ADVANCED DRAINAGE SYSTEMS, INC. Stock $wms

$wms Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-Q Financial Statement

#000160402824000005 Filed on February 08, 2024

Income Statement

Concept	2024 Q1	2023 Q4
Revenue	$653.8M	$662.4M
YoY Change	5.87%	1.1%
Cost Of Revenue	$401.9M	$402.5M
YoY Change	1.71%	-6.66%
Gross Profit	$252.0M	$259.8M
YoY Change	13.28%	16.05%
Gross Profit Margin	38.54%	39.23%
Selling, General & Admin	$101.2M	$91.29M
YoY Change	29.05%	6.23%
% of Gross Profit	40.16%	35.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$42.89M	$38.01M
YoY Change	13.45%	6.05%
% of Gross Profit	17.02%	14.63%
Operating Expenses	$114.3M	$104.1M
YoY Change	23.89%	4.3%
Operating Profit	$137.7M	$153.3M
YoY Change	5.77%	23.12%
Interest Expense	-$15.22M	-$22.33M
YoY Change	-26.99%	11.65%
% of Operating Profit	-11.06%	-14.57%
Other Income/Expense, Net		$4.772M
YoY Change		15.68%
Pretax Income	$120.2M	$135.7M
YoY Change	12.17%	24.95%
Income Tax	$26.33M	$30.13M
% Of Pretax Income	21.92%	22.2%
Net Earnings	$94.82M	$105.6M
YoY Change	10.4%	28.77%
Net Earnings / Revenue	14.5%	15.95%
Basic Earnings Per Share		$1.36
Diluted Earnings Per Share	$1.21	$1.34
COMMON SHARES
Basic Shares Outstanding	77.62M shares	77.91M shares
Diluted Shares Outstanding		78.59M shares

Balance Sheet

Concept	2024 Q1	2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$490.2M	$560.7M
YoY Change	125.75%	31.42%
Cash & Equivalents	$490.2M	$560.7M
Short-Term Investments
Other Short-Term Assets	$22.03M	$31.46M
YoY Change	-25.13%	7.88%
Inventory	$464.2M	$405.4M
Prepaid Expenses
Receivables	$323.6M	$240.8M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.300B	$1.238B
YoY Change	27.76%	7.0%
LONG-TERM ASSETS
Property, Plant & Equipment	$876.4M	$810.9M
YoY Change	19.55%	18.29%
Goodwill	$617.2M	$617.4M
YoY Change	-0.49%	-0.3%
Intangibles	$352.7M	$365.6M
YoY Change	-13.49%	-13.24%
Long-Term Investments
YoY Change
Other Assets	$122.8M	$129.6M
YoY Change	0.0%	6.19%
Total Long-Term Assets	$1.969B	$1.924B
YoY Change	4.53%	4.07%
TOTAL ASSETS
Total Short-Term Assets	$1.300B	$1.238B
Total Long-Term Assets	$1.969B	$1.924B
Total Assets	$3.269B	$3.162B
YoY Change	12.68%	5.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$254.4M	$207.9M
YoY Change	21.08%	19.41%
Accrued Expenses	$154.3M	$162.3M
YoY Change	8.33%	-4.85%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$11.87M	$12.28M
YoY Change	-19.21%	-21.32%
Total Short-Term Liabilities	$439.6M	$409.1M
YoY Change	16.06%	10.49%
LONG-TERM LIABILITIES
Long-Term Debt	$1.260B	$1.262B
YoY Change	-0.78%	-0.81%
Other Long-Term Liabilities	$70.70M	$71.98M
YoY Change	5.93%	3.17%
Total Long-Term Liabilities	$1.330B	$1.334B
YoY Change	-0.44%	-0.6%
TOTAL LIABILITIES
Total Short-Term Liabilities	$439.6M	$409.1M
Total Long-Term Liabilities	$1.330B	$1.334B
Total Liabilities	$1.988B	$1.940B
YoY Change	4.3%	2.65%
SHAREHOLDERS EQUITY
Retained Earnings	$1.092B	$1.008B
YoY Change	74.41%	83.32%
Common Stock	$1.232B	$1.208B
YoY Change	7.41%	5.87%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$1.141B
YoY Change	23.84%
Treasury Stock Shares
Shareholders Equity	$1.153B	$1.079B
YoY Change
Total Liabilities & Shareholders Equity	$3.269B	$3.162B
YoY Change	12.68%	5.2%

Cashflow Statement

Concept	2024 Q1	2023 Q4
OPERATING ACTIVITIES
Net Income	$94.82M	$105.6M
YoY Change	10.4%	28.77%
Depreciation, Depletion And Amortization	$42.89M	$38.01M
YoY Change	13.45%	6.05%
Cash From Operating Activities	$17.67M	$241.4M
YoY Change	-62.71%	8.03%
INVESTING ACTIVITIES
Capital Expenditures	$47.43M	$53.79M
YoY Change	18.4%	4.82%
Acquisitions
YoY Change
Other Investing Activities	$7.642M	$106.0K
YoY Change	1810.5%
Cash From Investing Activities	-$39.78M	-$53.68M
YoY Change	0.33%	4.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-47.91M	-93.04M
YoY Change	-77.99%	-54.26%
NET CHANGE
Cash From Operating Activities	17.67M	241.4M
Cash From Investing Activities	-39.78M	-53.68M
Cash From Financing Activities	-47.91M	-93.04M
Net Change In Cash	-70.03M	94.65M
YoY Change	-66.65%	-402.3%
FREE CASH FLOW
Cash From Operating Activities	$17.67M	$241.4M
Capital Expenditures	$47.43M	$53.79M
Free Cash Flow	-$29.76M	$187.6M
YoY Change	-506.74%	8.99%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	48010000	usd
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-527000	usd
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-46000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-115879000	usd
	wms	Repayments Of Syndicated Term Loan Facility RepaymentsOfSyndicatedTermLoanFacility	5250000	usd
	wms	Repayments Of Syndicated Term Loan Facility RepaymentsOfSyndicatedTermLoanFacility	5250000	usd
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	0	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	11575000	usd
	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	6361000	usd
	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	10213000	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	8624000	usd
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	4954000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	178187000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	375027000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	33111000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	30111000	usd
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	0	usd
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	3652000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	3956000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	5145000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	8859000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	28653000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-236436000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-78590000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1271000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	-461000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	349218000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	406565000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	20125000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	566346000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	426690000	usd
CY2023Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	2664000	usd
CY2023Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	355788000	usd
CY2023Q1	us-gaap	Inventory Net InventoryNet	463994000	usd
CY2022Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	82040000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	421193000	usd
CY2022Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	82067000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	78455000	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	5.29
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	5.08
CY2022Q4	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	82040000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	415093000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	421193000	usd
CY2022Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	82067000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	78455000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	82891000	shares
CY2022Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	82987000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	83980000	shares
CY2022Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.99
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	5.24
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	5.02
CY2022Q4	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	42000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	46000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	45000	shares
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	19912000	usd
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.243
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.234
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-174822000	usd
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	500000000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	217128000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	560744000	usd
CY2023Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	5602000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	566346000	usd
CY2022Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1055742000	usd
CY2022Q4	wms	Profit Loss Excluding Portion Attributable To Redeemable Noncontrolling Interest ProfitLossExcludingPortionAttributableToRedeemableNoncontrollingInterest	83182000	usd
CY2022Q4	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	4973000	usd
CY2022Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.12
CY2022Q4	us-gaap	Dividends Common Stock DividendsCommonStock	9819000	usd
CY2022Q4	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	179864000	usd
CY2022Q4	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	1925000	usd
CY2022Q4	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	2800000	usd
CY2022Q4	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	485000	usd
CY2022Q4	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-3140000	usd
CY2022Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	6179000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	958613000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	909661000	usd
	wms	Profit Loss Excluding Portion Attributable To Redeemable Noncontrolling Interest ProfitLossExcludingPortionAttributableToRedeemableNoncontrollingInterest	425041000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-4688000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.36
	us-gaap	Dividends Common Stock DividendsCommonStock	30058000	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	3652000	usd
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	375027000	usd
	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	38256000	usd
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	5145000	usd
	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-5631000	usd
CY2022Q3	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-20346000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	19912000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	958613000	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1048830000	usd
CY2023Q4	wms	Profit Loss Excluding Portion Attributable To Redeemable Noncontrolling Interest ProfitLossExcludingPortionAttributableToRedeemableNoncontrollingInterest	106880000	usd
CY2023Q4	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	4020000	usd
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	180812000	usd
	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	31534000	usd
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	3956000	usd
	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-2462000	usd
CY2023Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.14
CY2023Q4	us-gaap	Dividends Common Stock DividendsCommonStock	10920000	usd
CY2023Q4	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	70905000	usd
CY2023Q4	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	11663000	usd
CY2023Q4	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	1333000	usd
CY2023Q4	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-48000	usd
CY2023Q4	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	7402000	usd
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	1927000	usd
CY2023Q4	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	1000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1100183000	usd
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	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	2388000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.42
	us-gaap	Dividends Common Stock DividendsCommonStock	33038000	usd
CY2023Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	1546000	usd
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	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-6394000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	23636000	usd
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	1927000	usd
	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	-4000	usd
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	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2023Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	4628000	usd
CY2023Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	106097000	usd
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CY2023Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	299312000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	405409000	usd
CY2023Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	105639000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	415093000	usd
CY2023Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	77857000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	82891000	shares
CY2023Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.36
CY2022Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.00
CY2023Q4	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	105639000	usd
CY2023Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	77857000	shares
CY2023Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	78586000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	79188000	shares
CY2023Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.34
CY2023Q4	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	19000	shares
CY2023Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1284287000	usd
CY2023Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1295888000	usd
CY2023Q4	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	10270000	usd
CY2023Q1	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	11804000	usd
CY2023Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	12275000	usd
CY2023Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	14693000	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1261742000	usd
CY2023Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1269391000	usd
CY2023Q4	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.222
CY2022Q4	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.240
CY2023Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	7402000	usd
CY2022Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	6179000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	23636000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	19912000	usd
CY2023Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	7402000	usd
CY2022Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	6179000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	23636000	usd
CY2023Q4	us-gaap	Share Price SharePrice	96.51
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.456
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.038
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P6Y
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.0058
CY2023Q4	wms	Employee Stock Purchase Plan Maximum Shares In Offering Period EmployeeStockPurchasePlanMaximumSharesInOfferingPeriod	400000	shares
	wms	Employee Stock Purchase Plan Purchase Discount EmployeeStockPurchasePlanPurchaseDiscount	0.85	rate
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2023Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	662367000	usd
CY2023Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	662367000	usd
CY2022Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	655167000	usd
CY2022Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	655167000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2220633000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2220633000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2453562000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2453562000	usd
CY2023Q4	wms	Adjusted Gross Profit AdjustedGrossProfit	284253000	usd
CY2022Q4	wms	Adjusted Gross Profit AdjustedGrossProfit	245233000	usd
	wms	Adjusted Gross Profit AdjustedGrossProfit	965968000	usd
	wms	Adjusted Gross Profit AdjustedGrossProfit	959837000	usd
CY2023Q4	us-gaap	Depreciation And Amortization DepreciationAndAmortization	38053000	usd
CY2022Q4	us-gaap	Depreciation And Amortization DepreciationAndAmortization	35846000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	112014000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	107346000	usd
CY2023Q4	us-gaap	Segment Expenditure Addition To Long Lived Assets SegmentExpenditureAdditionToLongLivedAssets	53760000	usd
CY2022Q4	us-gaap	Segment Expenditure Addition To Long Lived Assets SegmentExpenditureAdditionToLongLivedAssets	51313000	usd
	us-gaap	Segment Expenditure Addition To Long Lived Assets SegmentExpenditureAdditionToLongLivedAssets	136385000	usd
	us-gaap	Segment Expenditure Addition To Long Lived Assets SegmentExpenditureAdditionToLongLivedAssets	126858000	usd
CY2023Q4	us-gaap	Gross Profit GrossProfit	259849000	usd
CY2022Q4	us-gaap	Gross Profit GrossProfit	223917000	usd
	us-gaap	Gross Profit GrossProfit	893986000	usd
	us-gaap	Gross Profit GrossProfit	895987000	usd
CY2023Q4	wms	Adjusted Gross Profit AdjustedGrossProfit	284253000	usd
CY2022Q4	wms	Adjusted Gross Profit AdjustedGrossProfit	245233000	usd
	wms	Adjusted Gross Profit AdjustedGrossProfit	965968000	usd
	wms	Adjusted Gross Profit AdjustedGrossProfit	959837000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	114712000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	136320000	usd
	us-gaap	Interest Paid Net InterestPaidNet	51484000	usd
	us-gaap	Interest Paid Net InterestPaidNet	24757000	usd
	wms	Stock Repurchase Costs Incurred But Not Yet Paid StockRepurchaseCostsIncurredButNotYetPaid	1139000	usd
	wms	Stock Repurchase Costs Incurred But Not Yet Paid StockRepurchaseCostsIncurredButNotYetPaid	0	usd
	wms	Excise Tax Accrual Share Repurchase ExciseTaxAccrualShareRepurchase	1486000	usd
	wms	Excise Tax Accrual Share Repurchase ExciseTaxAccrualShareRepurchase	0	usd
	us-gaap	Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred	21061000	usd
	us-gaap	Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred	10684000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	22925000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	14748000	usd
CY2023Q4	us-gaap	Profit Loss ProfitLoss	106880000	usd
CY2022Q4	us-gaap	Profit Loss ProfitLoss	83182000	usd
	us-gaap	Profit Loss ProfitLoss	417812000	usd
	us-gaap	Profit Loss ProfitLoss	425041000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	112014000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	107346000	usd
CY2023Q4	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-22331000	usd
CY2022Q4	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-20001000	usd
	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-65984000	usd
	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-49334000	usd
CY2023Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	30131000	usd
CY2022Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	26068000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	132665000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	128641000	usd
CY2023Q4	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-2512000	usd
CY2022Q4	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	348000	usd
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	10669000	usd
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	147000	usd

Files In Submission

Name	View Source	Status
0001604028-24-000005-index-headers.html	Edgar Link	pending
0001604028-24-000005-index.html	Edgar Link	pending
0001604028-24-000005.txt	Edgar Link	pending
0001604028-24-000005-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable
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R9999.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
wms-12312023xexhibit311.htm	Edgar Link	pending
wms-12312023xexhibit312.htm	Edgar Link	pending
wms-12312023xexhibit321.htm	Edgar Link	pending
wms-12312023xexhibit322.htm	Edgar Link	pending
wms-20231231.htm	Edgar Link	pending
wms-20231231.xsd	Edgar Link	pending
wms-20231231_def.xml	Edgar Link	unprocessable
wms-20231231_lab.xml	Edgar Link	unprocessable
wms-20231231_pre.xml	Edgar Link	unprocessable
wms-20231231_htm.xml	Edgar Link	completed
wms-20231231_cal.xml	Edgar Link	unprocessable

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$WMS
ADVANCED DRAINAGE SYSTEMS, INC. Stock $wms

2024 Q1 Form 10-Q Financial Statement

#000160402824000005 Filed on February 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WMS ADVANCED DRAINAGE SYSTEMS, INC. Stock $wms

2024 Q1 Form 10-Q Financial Statement

#000160402824000005 Filed on February 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WMS
ADVANCED DRAINAGE SYSTEMS, INC. Stock $wms