$WNC
WABASH NATIONAL Corp

2015 Q1 Form 10-Q Financial Statement

#000114420415025258 Filed on April 27, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q4 2014 Q1
Revenue $437.6M $527.5M $358.1M
YoY Change 22.19% 15.08% 10.45%
Cost Of Revenue $380.4M $311.4M
YoY Change 22.14% 10.43%
Gross Profit $57.20M $62.72M $46.67M
YoY Change 22.55% 19.27% 10.63%
Gross Profit Margin 13.07% 11.89% 13.03%
Selling, General & Admin $24.62M $21.74M
YoY Change 13.27% 1.85%
% of Gross Profit 43.04% 46.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.138M $4.042M
YoY Change 2.38% -8.26%
% of Gross Profit 7.23% 8.66%
Operating Expenses $24.62M $21.74M
YoY Change 13.27% 1.85%
Operating Profit $27.26M $19.47M
YoY Change 40.06% 31.02%
Interest Expense $5.173M $5.717M
YoY Change -9.52% -24.13%
% of Operating Profit 18.97% 29.37%
Other Income/Expense, Net -$96.00K $32.00K
YoY Change -400.0% -98.57%
Pretax Income $16.71M $13.78M
YoY Change 21.25% 44.16%
Income Tax $6.234M $6.484M
% Of Pretax Income 37.31% 47.05%
Net Earnings $10.47M $19.09M $7.296M
YoY Change 43.56% 83.13% 27.22%
Net Earnings / Revenue 2.39% 3.62% 2.04%
Basic Earnings Per Share $0.15 $0.28 $0.11
Diluted Earnings Per Share $0.15 $0.27 $0.10
COMMON SHARES
Basic Shares Outstanding 68.73K shares 68.98M shares 68.67K shares
Diluted Shares Outstanding 71.56K shares 71.09K shares

Balance Sheet

Concept 2015 Q1 2014 Q4 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $125.6M $146.1M $65.74M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $177.1M $262.9M
Prepaid Expenses $10.20M
Receivables $135.2M $118.9M
Other Receivables
Total Short-Term Assets $485.7M $475.6M
YoY Change 8.16%
LONG-TERM ASSETS
Property, Plant & Equipment $142.9M $140.3M
YoY Change 0.57%
Goodwill $149.6M $150.0M
YoY Change -0.24%
Intangibles $137.1M $153.7M
YoY Change -13.87%
Long-Term Investments
YoY Change
Other Assets $13.40M $11.43M
YoY Change 26.23%
Total Long-Term Assets $441.8M $456.4M
YoY Change -4.63%
TOTAL ASSETS
Total Short-Term Assets $485.7M $475.6M
Total Long-Term Assets $441.8M $456.4M
Total Assets $985.0M $927.4M $932.0M
YoY Change 5.68% 1.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $96.21M $129.3M
YoY Change -14.21%
Accrued Expenses $88.69M $91.01M
YoY Change -10.74%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due $496.0K $3.250M
YoY Change -84.71%
Total Short-Term Liabilities $186.9M $225.1M
YoY Change -13.64%
LONG-TERM LIABILITIES
Long-Term Debt $324.8M $359.3M
YoY Change -9.51%
Other Long-Term Liabilities $18.04M $7.504M
YoY Change 176.35%
Total Long-Term Liabilities $342.8M $366.8M
YoY Change -6.18%
TOTAL LIABILITIES
Total Short-Term Liabilities $186.9M $225.1M
Total Long-Term Liabilities $342.8M $366.8M
Total Liabilities $335.9K $332.5K $370.6K
YoY Change -9.37% -10.27%
SHAREHOLDERS EQUITY
Retained Earnings -$216.2M -$269.8M
YoY Change -21.99%
Common Stock $709.0K $708.0K
YoY Change 0.57%
Preferred Stock
YoY Change
Treasury Stock (at cost) $28.65M $28.65M
YoY Change 5.51%
Treasury Stock Shares 3.386M shares 1.987M shares
Shareholders Equity $390.8M $331.4M
YoY Change
Total Liabilities & Shareholders Equity $928.7M $932.0M
YoY Change 1.8%

Cashflow Statement

Concept 2015 Q1 2014 Q4 2014 Q1
OPERATING ACTIVITIES
Net Income $10.47M $19.09M $7.296M
YoY Change 43.56% 83.13% 27.22%
Depreciation, Depletion And Amortization $4.138M $4.042M
YoY Change 2.38% -8.26%
Cash From Operating Activities -$44.06M
YoY Change 474.68%
INVESTING ACTIVITIES
Capital Expenditures $2.975M $2.078M
YoY Change 43.17% -18.95%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$2.078M
YoY Change -85.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$1.393M
YoY Change 21.77%
NET CHANGE
Cash From Operating Activities -$44.06M
Cash From Investing Activities -$2.078M
Cash From Financing Activities -$1.393M
Net Change In Cash -$47.53M
YoY Change 108.3%
FREE CASH FLOW
Cash From Operating Activities -$44.06M
Capital Expenditures $2.975M $2.078M
Free Cash Flow -$46.13M
YoY Change 350.96%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
76584000 USD
CY2014Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
63847000 USD
CY2015Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
24730000 USD
CY2014Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
23145000 USD
CY2015Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
111776000 USD
CY2014Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
68923000 USD
CY2015Q1 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
8911000 USD
CY2014Q4 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
8446000 USD
CY2015Q1 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
21001000 USD
CY2014Q4 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
12783000 USD
CY2015Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2015Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
68025222 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
68998069 shares
CY2015Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
3385525 shares
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
1987073 shares
CY2015Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
344367000 USD
CY2014Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
344490000 USD
CY2015Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
15309000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
332527 USD
CY2015Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
16000000 USD
CY2015Q1 wnc Employee Service Share Based Compensation Related To Nonvested Awards Total Compensation Cost Not Yet Recognizedperiodforrecognition
EmployeeServiceShareBasedCompensationRelatedToNonvestedAwardsTotalCompensationCostNotYetRecognizedperiodforrecognition
2018
CY2014Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
19217000 USD
CY2015Q1 us-gaap Long Term Debt
LongTermDebt
326629000 USD
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
324777000 USD
CY2014Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
1266000 USD
CY2015Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
1266000 USD
CY2014Q1 us-gaap Accretion Expense
AccretionExpense
968000 USD
CY2015Q1 us-gaap Accretion Expense
AccretionExpense
1037000 USD
CY2015Q1 us-gaap Liabilities
Liabilities
335914 USD
CY2015Q1 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
20800000 BRL
CY2010Q2 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
100000000 USD
CY2012Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Contingent Liability
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedContingentLiability
2900000 USD
CY2014Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
576 shares
CY2015Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
557 shares
CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7296000 USD
CY2014Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
61000 USD
CY2014Q1 wnc Net Income Loss Available To Common Stockholders Excluding Undistributed Earnings Allocated To Participating Securities
NetIncomeLossAvailableToCommonStockholdersExcludingUndistributedEarningsAllocatedToParticipatingSecurities
7235000 USD
CY2015Q1 wnc Net Income Loss Available To Common Stockholders Excluding Undistributed Earnings Allocated To Participating Securities
NetIncomeLossAvailableToCommonStockholdersExcludingUndistributedEarningsAllocatedToParticipatingSecurities
10474000 USD
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68669 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68731 shares
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
CY2014Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
61000 USD
CY2015Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 USD
CY2014Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
1591 shares
CY2015Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
1729 shares
CY2014Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
828 shares
CY2015Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1095 shares
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71088 shares
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71555 shares
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.1
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
358120000 USD
CY2015Q1 us-gaap Sales Revenue Net
SalesRevenueNet
437597000 USD
CY2014Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
311448000 USD
CY2015Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
380400000 USD
CY2014Q1 us-gaap Gross Profit
GrossProfit
46672000 USD
CY2015Q1 us-gaap Gross Profit
GrossProfit
57197000 USD
CY2014Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
14472000 USD
CY2015Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18051000 USD
CY2014Q1 us-gaap Selling Expense
SellingExpense
7264000 USD
CY2015Q1 us-gaap Selling Expense
SellingExpense
6569000 USD
CY2014Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5471000 USD
CY2015Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5314000 USD
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
19465000 USD
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
27263000 USD
CY2014Q1 us-gaap Interest Expense
InterestExpense
5717000 USD
CY2015Q1 us-gaap Interest Expense
InterestExpense
5173000 USD
CY2014Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
32000 USD
CY2015Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-96000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
13780000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
16708000 USD
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6484000 USD
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6234000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
7296000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
10474000 USD
CY2014Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.471 pure
CY2015Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.373 pure
CY2015Q1 us-gaap Customer Deposits Current
CustomerDepositsCurrent
31488000 USD
CY2014Q4 us-gaap Customer Deposits Current
CustomerDepositsCurrent
21680000 USD
CY2015Q1 us-gaap Accrued Payroll Taxes Current And Noncurrent
AccruedPayrollTaxesCurrentAndNoncurrent
21308000 USD
CY2014Q4 us-gaap Accrued Payroll Taxes Current And Noncurrent
AccruedPayrollTaxesCurrentAndNoncurrent
30362000 USD
CY2015Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
15537000 USD
CY2014Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
15462000 USD
CY2015Q1 us-gaap Self Insurance Reserve
SelfInsuranceReserve
8655000 USD
CY2014Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
7543000 USD
CY2015Q1 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
12913000 USD
CY2014Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
8371000 USD
CY2015Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
9720000 USD
CY2014Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5272000 USD
CY2013Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
14719000 USD
CY2014Q1 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1179000 USD
CY2015Q1 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1681000 USD
CY2014Q1 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
0 USD
CY2015Q1 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-260000 USD
CY2014Q1 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1285000 USD
CY2015Q1 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1346000 USD
CY2014Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
14613000 USD
CY2015Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 pure
CY2014Q1 us-gaap Revenues
Revenues
358120000 USD
CY2015Q1 us-gaap Revenues
Revenues
437597000 USD
CY2014Q1 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1 pure
CY2015Q1 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1 pure
CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
161000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-303000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
161000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-303000 USD
CY2014Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
7457000 USD
CY2015Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10171000 USD
CY2014Q1 us-gaap Depreciation
Depreciation
4042000 USD
CY2015Q1 us-gaap Depreciation
Depreciation
4138000 USD
CY2014Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2015Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-5286000 USD
CY2014Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
5988000 USD
CY2015Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1642000 USD
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1640000 USD
CY2015Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2420000 USD
CY2014Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1195000 USD
CY2015Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1185000 USD
CY2014Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1494000 USD
CY2015Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
21686000 USD
CY2014Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
78742000 USD
CY2015Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
65843000 USD
CY2014Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1565000 USD
CY2015Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3216000 USD
CY2014Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
8815000 USD
CY2015Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
57625000 USD
CY2014Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-311000 USD
CY2015Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-458000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-44055000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
4229000 USD
CY2014Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2078000 USD
CY2015Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2975000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-2078000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-2975000 USD
CY2015Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1994000 USD
CY2014Q1 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
1497000 USD
CY2015Q1 us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
19929000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-1393000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-21758000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-47526000 USD
CY2015Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-20504000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
113262000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
65736000 USD
CY2014Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1517000 USD
CY2015Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
719000 USD
CY2014Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
175000 USD
CY2015Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
163000 USD
CY2014Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
175000 USD
CY2015Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
163000 USD
CY2014Q1 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
603000 USD
CY2015Q1 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
432000 USD
CY2014Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
693000 USD
CY2015Q1 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
192845000 USD
CY2014Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
117000 USD
CY2015Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
122000 USD
CY2014Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2015Q1 us-gaap Nature Of Operations
NatureOfOperations
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0px"></td> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"> <div><b>1.</b></div> </td> <td style="TEXT-ALIGN: justify"> <div><b>DESCRIPTION OF THE BUSINESS</b></div> </td> </tr> </table> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0in; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The condensed consolidated financial statements of Wabash National Corporation (the &#8220;Company&#8221;) have been prepared without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (the &#8220;SEC&#8221;). Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, the accompanying condensed consolidated financial statements contain all material adjustments (consisting only of normal recurring adjustments) necessary to present fairly the consolidated financial position of the Company, its results of operations and cash flows. The condensed consolidated financial statements included herein should be read in conjunction with the consolidated financial statements and the notes thereto included in the Company&#8217;s 2014 Annual Report on Form 10-K.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2015Q1 dei Document Type
DocumentType
10-Q
CY2015Q1 dei Amendment Flag
AmendmentFlag
false
CY2015Q1 dei Document Period End Date
DocumentPeriodEndDate
2015-03-31
CY2015Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
CY2015Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2015Q1 dei Entity Registrant Name
EntityRegistrantName
WABASH NATIONAL CORP /DE
CY2015Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000879526
CY2015Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2015Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2015Q1 dei Trading Symbol
TradingSymbol
WNC
CY2015Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
67916535 shares
CY2014Q1 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
11.70
CY2015Q1 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
11.70
CY2013Q2 wnc Senior Secured Leverage Ratio
SeniorSecuredLeverageRatio
3.00 to 1.00
CY2015Q1 wnc Debt Instrument Payment Percentage
DebtInstrumentPaymentPercentage
0.01 pure
CY2014Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
CY2015Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
192845000 USD

Files In Submission

Name View Source Status
0001144204-15-025258-index-headers.html Edgar Link pending
0001144204-15-025258-index.html Edgar Link pending
0001144204-15-025258.txt Edgar Link pending
0001144204-15-025258-xbrl.zip 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
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
tlogo.jpg Edgar Link pending
v407637_10q.htm Edgar Link pending
v407637_ex31-01.htm Edgar Link pending
v407637_ex31-02.htm Edgar Link pending
v407637_ex32-01.htm Edgar Link pending
wnc-20150331.xml Edgar Link completed
wnc-20150331.xsd Edgar Link pending
wnc-20150331_cal.xml Edgar Link unprocessable
wnc-20150331_def.xml Edgar Link unprocessable
wnc-20150331_lab.xml Edgar Link unprocessable
wnc-20150331_pre.xml Edgar Link unprocessable