$WMS
ADVANCED DRAINAGE SYSTEMS, INC. Stock $wms

$wms Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000160402824000032 Filed on August 08, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$782.6M	$815.3M
YoY Change	0.31%	4.79%
Cost Of Revenue	$488.7M	$482.9M
YoY Change	2.34%	8.13%
Gross Profit	$293.9M	$332.5M
YoY Change	-2.89%	0.3%
Gross Profit Margin	37.56%	40.78%
Selling, General & Admin	$94.13M	$94.05M
YoY Change	2.65%	8.72%
% of Gross Profit	32.02%	28.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$44.81M	$41.10M
YoY Change	21.76%	10.36%
% of Gross Profit	15.24%	12.36%
Operating Expenses	$105.9M	$105.9M
YoY Change	1.29%	6.68%
Operating Profit	$187.4M	$226.2M
YoY Change	-5.38%	-2.56%
Interest Expense	-$23.16M	-$22.82M
YoY Change	5.54%	25.66%
% of Operating Profit	-12.36%	-10.09%
Other Income/Expense, Net	$6.956M	$7.116M
YoY Change	-7.33%	100.51%
Pretax Income	$171.2M	$210.5M
YoY Change	-6.77%	-7.38%
Income Tax	$40.92M	$49.89M
% Of Pretax Income	23.91%	23.7%
Net Earnings	$130.4M	$161.4M
YoY Change	-3.99%	-7.05%
Net Earnings / Revenue	16.66%	19.8%
Basic Earnings Per Share	$1.68	$2.08
Diluted Earnings Per Share	$1.67	$2.06
COMMON SHARES
Basic Shares Outstanding	77.52M shares	77.43M shares
Diluted Shares Outstanding	78.11M shares	78.28M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$613.0M	$541.6M
YoY Change	30.32%	47.95%
Cash & Equivalents	$613.0M	$541.6M
Short-Term Investments
Other Short-Term Assets	$34.03M	$25.57M
YoY Change	42.66%	0.49%
Inventory	$487.2M	$487.8M
Prepaid Expenses
Receivables	$357.6M	$369.3M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.492B	$1.424B
YoY Change	21.11%	21.89%
LONG-TERM ASSETS
Property, Plant & Equipment	$955.4M	$927.7M
YoY Change	23.44%	24.13%
Goodwill	$617.1M	$617.0M
YoY Change	-0.49%	-0.54%
Intangibles	$328.9M	$340.7M
YoY Change	-13.91%	-13.7%
Long-Term Investments
YoY Change
Other Assets	$142.3M	$137.8M
YoY Change	9.61%	17.19%
Total Long-Term Assets	$2.044B	$2.023B
YoY Change	7.23%	7.61%
TOTAL ASSETS
Total Short-Term Assets	$1.492B	$1.424B
Total Long-Term Assets	$2.044B	$2.023B
Total Assets	$3.536B	$3.448B
YoY Change	12.68%	13.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$273.3M	$264.8M
YoY Change	22.26%	28.81%
Accrued Expenses	$152.1M	$148.3M
YoY Change	-4.22%	7.82%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$11.13M	$11.49M
YoY Change	-14.05%	-52.64%
Total Short-Term Liabilities	$467.3M	$492.9M
YoY Change	9.22%	17.48%
LONG-TERM LIABILITIES
Long-Term Debt	$1.255B	$1.257B
YoY Change	-0.72%	-2.95%
Other Long-Term Liabilities	$76.18M	$77.19M
YoY Change	4.44%	23.15%
Total Long-Term Liabilities	$1.331B	$1.335B
YoY Change	-0.44%	-1.75%
TOTAL LIABILITIES
Total Short-Term Liabilities	$467.3M	$492.9M
Total Long-Term Liabilities	$1.331B	$1.335B
Total Liabilities	$2.043B	$2.063B
YoY Change	4.48%	5.48%
SHAREHOLDERS EQUITY
Retained Earnings	$1.359B	$1.241B
YoY Change	48.77%	57.35%
Common Stock	$1.267B	$1.253B
YoY Change	6.94%	8.12%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.376B	$1.263B
YoY Change
Total Liabilities & Shareholders Equity	$3.536B	$3.448B
YoY Change	12.68%	13.08%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$130.4M	$161.4M
YoY Change	-3.99%	-7.05%
Depreciation, Depletion And Amortization	$44.81M	$41.10M
YoY Change	21.76%	10.36%
Cash From Operating Activities	$166.9M	$183.4M
YoY Change	-22.34%	-24.82%
INVESTING ACTIVITIES
Capital Expenditures	$54.47M	$57.72M
YoY Change	34.33%	37.16%
Acquisitions
YoY Change
Other Investing Activities	$142.0K	-$498.0K
YoY Change	-52.67%	-102.47%
Cash From Investing Activities	-$54.33M	-$57.22M
YoY Change	34.8%	160.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-40.75M	-$73.90M
YoY Change	-41.71%	0.52%
NET CHANGE
Cash From Operating Activities	166.9M	$183.4M
Cash From Investing Activities	-54.33M	-$57.22M
Cash From Financing Activities	-40.75M	-$73.90M
Net Change In Cash	71.83M	$51.52M
YoY Change	-31.39%	-65.31%
FREE CASH FLOW
Cash From Operating Activities	$166.9M	$183.4M
Capital Expenditures	$54.47M	$57.72M
Free Cash Flow	$112.4M	$125.7M
YoY Change	-35.51%	-37.73%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q2	wms	Cost Of Goods Sold Excluding Employee Stock Option Plan Special Dividend Compensation CostOfGoodsSoldExcludingEmployeeStockOptionPlanSpecialDividendCompensation	482882000	usd
CY2023Q2	wms	Cost Of Goods Sold Excluding Employee Stock Option Plan Special Dividend Compensation CostOfGoodsSoldExcludingEmployeeStockOptionPlanSpecialDividendCompensation	446586000	usd
CY2023Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	86511000	usd
CY2024Q2	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-292000	usd
CY2024Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1701000	usd
CY2023Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1675000	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	162322000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	173905000	usd
CY2024Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	920000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	253000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	161402000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	173652000	usd
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	77540000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	78908000	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	78282000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	79634000	shares
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.08
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.20
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.06
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.18
CY2024Q2	us-gaap	Profit Loss ProfitLoss	162322000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	173905000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-3749000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	3232000	usd
CY2024Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	158573000	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	177137000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	-1788000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	1051000	usd
CY2024Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	920000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	253000	usd
CY2024Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	159441000	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	175833000	usd
CY2024Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	41098000	usd
CY2023Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	37240000	usd
CY2024Q2	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-942000	usd
CY2023Q2	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	573000	usd
CY2024Q2	us-gaap	Gains Losses On Sales Of Assets GainsLossesOnSalesOfAssets	-292000	usd
CY2023Q2	us-gaap	Gains Losses On Sales Of Assets GainsLossesOnSalesOfAssets	13304000	usd
CY2024Q2	us-gaap	Share Based Compensation ShareBasedCompensation	6977000	usd
CY2023Q2	us-gaap	Share Based Compensation ShareBasedCompensation	6903000	usd
CY2024Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1701000	usd
CY2023Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	1675000	usd
CY2024Q2	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	3754000	usd
CY2023Q2	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-501000	usd
CY2023Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-30860000	usd
CY2024Q2	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	3726000	usd
CY2023Q2	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	3699000	usd
CY2024Q2	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	54320000	usd
CY2023Q2	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	45594000	usd
CY2024Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	183426000	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	243967000	usd
CY2024Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	57715000	usd
CY2023Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	42078000	usd
CY2024Q2	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	0	usd
CY2023Q2	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	19979000	usd
CY2024Q2	us-gaap	Gross Profit GrossProfit	332454000	usd
CY2023Q2	us-gaap	Gross Profit GrossProfit	331460000	usd
CY2024Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	94052000	usd
CY2023Q2	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	13304000	usd
CY2024Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	11895000	usd
CY2023Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	12802000	usd
CY2024Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	226215000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	245451000	usd
CY2024Q2	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-22824000	usd
CY2023Q2	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-21712000	usd
CY2024Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	7116000	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	3549000	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	210507000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	227288000	usd
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	49886000	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	55058000	usd
CY2024Q2	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	511000	usd
CY2023Q2	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	511000	usd
CY2024Q2	wms	Unrealized Gain Loss On Derivatives And Commodity Contracts Excluding Foreign Exchange Forward Contracts UnrealizedGainLossOnDerivativesAndCommodityContractsExcludingForeignExchangeForwardContracts	-45000	usd
CY2023Q2	wms	Unrealized Gain Loss On Derivatives And Commodity Contracts Excluding Foreign Exchange Forward Contracts UnrealizedGainLossOnDerivativesAndCommodityContractsExcludingForeignExchangeForwardContracts	36000	usd
CY2024Q2	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	46991000	usd
CY2023Q2	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	33406000	usd
CY2024Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	25025000	usd
CY2024Q2	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-498000	usd
CY2023Q2	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-155000	usd
CY2024Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-57217000	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-21944000	usd
CY2024Q2	wms	Repayments Of Syndicated Term Loan Facility RepaymentsOfSyndicatedTermLoanFacility	1750000	usd
CY2023Q2	wms	Repayments Of Syndicated Term Loan Facility RepaymentsOfSyndicatedTermLoanFacility	1750000	usd
CY2024Q2	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	1342000	usd
CY2023Q2	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	2256000	usd
CY2024Q2	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	5513000	usd
CY2023Q2	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	2769000	usd
CY2024Q2	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	49245000	usd
CY2023Q2	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	47778000	usd
CY2024Q2	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	12428000	usd
CY2023Q2	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	11084000	usd
CY2024Q2	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	6978000	usd
CY2023Q2	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	867000	usd
CY2024Q2	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	10558000	usd
CY2023Q2	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	8742000	usd
CY2024Q2	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-37000	usd
CY2024Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-73895000	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-73512000	usd
CY2024Q2	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	-792000	usd
CY2023Q2	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	465000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	51522000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	148976000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	495848000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	217128000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	547370000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	366104000	usd
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	541637000	usd
CY2024Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	5733000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	547370000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	841640000	usd
CY2023Q2	wms	Profit Loss Excluding Portion Attributable To Redeemable Noncontrolling Interest ProfitLossExcludingPortionAttributableToRedeemableNoncontrollingInterest	173905000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	3232000	usd
CY2023Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.14
CY2023Q2	us-gaap	Dividends Common Stock DividendsCommonStock	11087000	usd
CY2023Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	48071000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	4823000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	867000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-2345000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-6394000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	6903000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	-4000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	963469000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1172115000	usd
CY2024Q2	wms	Profit Loss Excluding Portion Attributable To Redeemable Noncontrolling Interest ProfitLossExcludingPortionAttributableToRedeemableNoncontrollingInterest	162322000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-3749000	usd
CY2024Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.16
CY2024Q2	us-gaap	Dividends Common Stock DividendsCommonStock	12449000	usd
CY2024Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	48333000	usd
CY2024Q2	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	4818000	usd
CY2024Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	6978000	usd
CY2024Q2	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-4620000	usd
CY2024Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-5936000	usd
CY2024Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	6977000	usd
CY2024Q2	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	2964000	usd
CY2024Q2	us-gaap	Adjustments To Additional Paid In Capital Other AdjustmentsToAdditionalPaidInCapitalOther	-40000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1281047000	usd
CY2024Q2	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2024Q2	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	1713000	usd
CY2024Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	1353000	usd
CY2024Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	5236000	usd
CY2024Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	3920000	usd
CY2024Q2	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	110874000	usd
CY2024Q1	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	106662000	usd
CY2024Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	376959000	usd
CY2024Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	357538000	usd
CY2024Q2	us-gaap	Inventory Net InventoryNet	487833000	usd
CY2024Q1	us-gaap	Inventory Net InventoryNet	464200000	usd
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	161402000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	173652000	usd
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	77540000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	78908000	shares
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.08
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.20
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	161402000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	173652000	usd
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	77540000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	78908000	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	78282000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	79634000	shares
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.06
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.18
CY2024Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3000	shares
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1000	shares
CY2024Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1278054000	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1281151000	usd
CY2024Q2	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	9248000	usd
CY2024Q1	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	9759000	usd
CY2024Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	11486000	usd
CY2024Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	11870000	usd
CY2024Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1257320000	usd
CY2024Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1259522000	usd
CY2024Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.237
CY2023Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.242
CY2024Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	6977000	usd
CY2023Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	6903000	usd
CY2024Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	6977000	usd
CY2023Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	6903000	usd
CY2024Q2	us-gaap	Share Price SharePrice	177.38
CY2024Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.455
CY2024Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.045
CY2024Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P6Y
CY2024Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.0036
CY2024Q2	wms	Employee Stock Purchase Plan Maximum Shares In Offering Period EmployeeStockPurchasePlanMaximumSharesInOfferingPeriod	400000	shares
CY2024Q2	wms	Employee Stock Purchase Plan Purchase Discount EmployeeStockPurchasePlanPurchaseDiscount	0.85	rate
CY2024Q2	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2024Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	815336000	usd
CY2024Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	815336000	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	778046000	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	778046000	usd
CY2024Q2	wms	Adjusted Gross Profit AdjustedGrossProfit	361007000	usd
CY2023Q2	wms	Adjusted Gross Profit AdjustedGrossProfit	355072000	usd
CY2024Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	41098000	usd
CY2023Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	37240000	usd
CY2024Q2	us-gaap	Segment Expenditure Addition To Long Lived Assets SegmentExpenditureAdditionToLongLivedAssets	57715000	usd
CY2023Q2	us-gaap	Segment Expenditure Addition To Long Lived Assets SegmentExpenditureAdditionToLongLivedAssets	42078000	usd
CY2024Q2	us-gaap	Gross Profit GrossProfit	332454000	usd
CY2023Q2	us-gaap	Gross Profit GrossProfit	331460000	usd
CY2024Q2	wms	Adjusted Gross Profit AdjustedGrossProfit	361007000	usd
CY2023Q2	wms	Adjusted Gross Profit AdjustedGrossProfit	355072000	usd
CY2024Q2	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	839000	usd
CY2023Q2	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1553000	usd
CY2024Q2	us-gaap	Interest Paid Net InterestPaidNet	10019000	usd
CY2023Q2	us-gaap	Interest Paid Net InterestPaidNet	8499000	usd
CY2024Q2	wms	Stock Repurchase Costs Incurred But Not Yet Paid StockRepurchaseCostsIncurredButNotYetPaid	810000	usd
CY2023Q2	wms	Stock Repurchase Costs Incurred But Not Yet Paid StockRepurchaseCostsIncurredButNotYetPaid	0	usd
CY2024Q2	wms	Excise Tax Accrual Share Repurchase ExciseTaxAccrualShareRepurchase	0	usd
CY2023Q2	wms	Excise Tax Accrual Share Repurchase ExciseTaxAccrualShareRepurchase	293000	usd
CY2024Q2	us-gaap	Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred	27896000	usd
CY2023Q2	us-gaap	Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred	944000	usd
CY2024Q2	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	32885000	usd
CY2023Q2	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	19781000	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	162322000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	173905000	usd
CY2024Q2	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-22824000	usd
CY2023Q2	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-21712000	usd
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	49886000	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	55058000	usd
CY2024Q2	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-292000	usd
CY2023Q2	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	13304000	usd
CY2024Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

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wms-06302024xexhibit321.htm	Edgar Link	pending
wms-06302024xexhibit322.htm	Edgar Link	pending
wms-20240630.htm	Edgar Link	pending
wms-20240630.xsd	Edgar Link	pending
wms-20240630_def.xml	Edgar Link	unprocessable
wms-20240630_lab.xml	Edgar Link	unprocessable
wms-20240630_pre.xml	Edgar Link	unprocessable
wms-20240630_htm.xml	Edgar Link	completed
FilingSummary.xml	Edgar Link	unprocessable

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$WMS
ADVANCED DRAINAGE SYSTEMS, INC. Stock $wms

2024 Q3 Form 10-Q Financial Statement

#000160402824000032 Filed on August 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WMS ADVANCED DRAINAGE SYSTEMS, INC. Stock $wms

2024 Q3 Form 10-Q Financial Statement

#000160402824000032 Filed on August 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WMS
ADVANCED DRAINAGE SYSTEMS, INC. Stock $wms