$WNC
WABASH NATIONAL Corp

2017 Q3 Form 10-Q Financial Statement

#000114420417055193 Filed on October 31, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2016 Q3
Revenue $425.1M $464.3M
YoY Change -8.44% -12.62%
Cost Of Revenue $364.1M $380.8M
YoY Change -4.38% -14.49%
Gross Profit $60.96M $83.46M
YoY Change -26.95% -2.98%
Gross Profit Margin 14.34% 17.98%
Selling, General & Admin $21.57M $23.62M
YoY Change -8.67% -2.86%
% of Gross Profit 35.39% 28.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $21.57M $23.62M
YoY Change -8.67% -2.86%
Operating Profit $26.59M $54.86M
YoY Change -51.52% -2.72%
Interest Expense $3.187M $3.906M
YoY Change -18.41% -18.35%
% of Operating Profit 11.99% 7.12%
Other Income/Expense, Net $6.271M $830.0K
YoY Change 655.54% -543.85%
Pretax Income $29.68M $51.78M
YoY Change -42.69% 0.7%
Income Tax $10.73M $18.40M
% Of Pretax Income 36.15% 35.54%
Net Earnings $18.95M $33.38M
YoY Change -43.24% 4.7%
Net Earnings / Revenue 4.46% 7.19%
Basic Earnings Per Share $0.32 $0.52
Diluted Earnings Per Share $0.30 $0.51
COMMON SHARES
Basic Shares Outstanding 58.99M shares 63.60K shares
Diluted Shares Outstanding 62.24M shares 66.03K shares

Balance Sheet

Concept 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $153.7M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $313.6M $148.3M
YoY Change 111.5% -0.93%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.379B $991.8M
YoY Change 39.05% -3.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $129.7M
YoY Change
Accrued Expenses $112.9M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $289.1M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $504.6M
YoY Change
Other Long-Term Liabilities $29.70M
YoY Change
Total Long-Term Liabilities $534.3M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $289.1M
Total Long-Term Liabilities $534.3M
Total Liabilities $823.4M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings $54.04M
YoY Change
Common Stock $737.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $216.6M
YoY Change
Treasury Stock Shares 14.79M shares 9.725M shares
Shareholders Equity $487.7M
YoY Change
Total Liabilities & Shareholders Equity $1.379B $991.8M
YoY Change 39.05% -3.18%

Cashflow Statement

Concept 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $18.95M $33.38M
YoY Change -43.24% 4.7%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.3
CY2017Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.06
CY2016Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2017Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
651562000 USD
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2018000 USD
CY2017Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
504620000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
51779000 USD
CY2017Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
129744000 USD
CY2017Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
112886000 USD
CY2017Q3 us-gaap Liabilities Current
LiabilitiesCurrent
289086000 USD
CY2017Q3 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
1112000 USD
CY2017Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
66879000 USD
CY2017Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
29702000 USD
CY2017Q3 us-gaap Common Stock Value
CommonStockValue
737000 USD
CY2016Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
494000 USD
CY2017Q3 us-gaap Treasury Stock Value
TreasuryStockValue
216594000 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
24351000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
464272000 USD
CY2016Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
380813000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
487728000 USD
CY2016Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2468000 USD
CY2017Q3 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
375000 USD
CY2016Q3 us-gaap Selling Expense
SellingExpense
6415000 USD
CY2016Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
17206000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
20075000 USD
CY2016Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4983000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
94405000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
54855000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
148367000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
26591000 USD
CY2016Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
20343000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
29675000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18401000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
425098000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
54041000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
134138000 USD
CY2016Q4 us-gaap Assets Current
AssetsCurrent
481405000 USD
CY2017Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
364134000 USD
CY2016Q3 us-gaap Gross Profit
GrossProfit
83459000 USD
CY2017Q3 us-gaap Gross Profit
GrossProfit
60964000 USD
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
16075000 USD
CY2017Q3 us-gaap Selling Expense
SellingExpense
5497000 USD
CY2017Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4097000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
3906000 USD
CY2016Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
830000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6271000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10728000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
33378000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
18947000 USD
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
CY2017Q3 us-gaap Interest Expense
InterestExpense
3187000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.04
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
105966000 USD
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.99
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2017Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2016Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1663000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-944000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
829000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-944000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
829000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
95489000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
62895000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-320050000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12763000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
61119000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-82415000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
249166000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-6230000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2268000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-9765000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
10788000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
0 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
509000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
509000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
11547000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
8060000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-40000 USD
CY2017Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
121805000 USD
CY2016Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
57297000 USD
CY2017Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
80841000 USD
CY2016Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
53388000 USD
CY2017Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
27181000 USD
CY2016Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
18422000 USD
CY2017Q3 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
6639000 USD
CY2016Q4 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
8356000 USD
CY2017Q3 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
9208000 USD
CY2016Q4 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
2490000 USD
CY2017Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
379000 USD
CY2016Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
809000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
1194000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
2541000 USD
CY2017Q3 us-gaap Accretion Expense
AccretionExpense
374000 USD
CY2016Q3 us-gaap Accretion Expense
AccretionExpense
746000 USD
us-gaap Accretion Expense
AccretionExpense
1159000 USD
us-gaap Accretion Expense
AccretionExpense
2288000 USD
CY2017Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
14500000 USD
us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
20800000 BRL
CY2012Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Contingent Liability
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedContingentLiability
2900000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
18947000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
33378000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
62066000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
96433000 USD
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58994 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63604 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59675 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64488 shares
CY2017Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
1701 shares
CY2016Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
1172 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
1713 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
743 shares
CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1540 shares
CY2016Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1256 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1527 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1222 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
62235 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
66032 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
62915 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
66453 shares
CY2016Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
426 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
556 shares
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.342 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.358 pure
CY2017Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
21107000 USD
CY2016Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
20520000 USD
CY2017Q3 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
7320000 USD
CY2016Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
6400000 USD
CY2017Q3 us-gaap Self Insurance Reserve
SelfInsuranceReserve
11469000 USD
CY2016Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
8387000 USD
CY2017Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
12765000 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
10912000 USD
CY2015Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
19709000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
4159000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
5368000 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-225000 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
126000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
4928000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
4918000 USD
CY2016Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
20285000 USD
CY2017Q3 us-gaap Assets
Assets
1379127000 USD
CY2016Q4 us-gaap Assets
Assets
898733000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1379127000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
898733000 USD
CY2017Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2017Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
58975226 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
60129631 shares
CY2017Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
14786570 shares
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
12474109 shares
us-gaap Basis Of Accounting
BasisOfAccounting
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="center"></div> <table style="MARGIN-TOP: 0px; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px" cellspacing="0" cellpadding="0" width="100%"> <tr style="VERTICAL-ALIGN: top"> <td style="WIDTH: 0.5in"> <div><b>1.</b></div> </td> <td> <div><b>BASIS OF PRESENTATION</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: 0.5in; 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 Annual Report on Form 10-K for the year ended December 31, 2016.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2017Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
8704000 USD
CY2016Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
8704000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
us-gaap Depreciation
Depreciation
12709000 USD
us-gaap Depreciation
Depreciation
12241000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
323487000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
325000000 USD
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
0 USD
CY2017Q3 us-gaap Long Term Debt
LongTermDebt
558120000 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
239097000 USD
us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
1581000 USD
CY2016Q3 us-gaap Assets
Assets
991817000 USD
CY2017Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
552188000 USD
CY2016Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
237836000 USD
CY2017Q3 us-gaap Customer Deposits Current
CustomerDepositsCurrent
30702000 USD
CY2016Q4 us-gaap Customer Deposits Current
CustomerDepositsCurrent
19302000 USD
CY2017Q3 us-gaap Accrued Payroll Taxes Current And Noncurrent
AccruedPayrollTaxesCurrentAndNoncurrent
29523000 USD
CY2016Q4 us-gaap Accrued Payroll Taxes Current And Noncurrent
AccruedPayrollTaxesCurrentAndNoncurrent
26793000 USD
CY2017Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
13000000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
100000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
100000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
165400000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-141000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
230000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
149718000 USD
CY2016Q3 us-gaap Goodwill
Goodwill
148285000 USD

Files In Submission

Name View Source Status
0001144204-17-055193-index-headers.html Edgar Link pending
0001144204-17-055193-index.html Edgar Link pending
0001144204-17-055193.txt Edgar Link pending
0001144204-17-055193-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
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report.css Edgar Link pending
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tv477463_10q.htm Edgar Link pending
tv477463_ex31-01.htm Edgar Link pending
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tv477463_img1.jpg Edgar Link pending
wnc-20170930.xml Edgar Link completed
wnc-20170930.xsd Edgar Link pending
wnc-20170930_cal.xml Edgar Link unprocessable
wnc-20170930_def.xml Edgar Link unprocessable
wnc-20170930_lab.xml Edgar Link unprocessable
wnc-20170930_pre.xml Edgar Link unprocessable