$WOR
WORTHINGTON ENTERPRISES, INC.

2012 Q4 Form 10-Q Financial Statement

#000119312513008048 Filed on January 09, 2013

View on sec.gov

Income Statement

Concept 2012 Q4 2011 Q4 2011 Q3
Revenue $622.6M $565.7M $602.4M
YoY Change 10.07% -2.59% -2.34%
Cost Of Revenue $527.8M $509.0M $530.9M
YoY Change 3.68% -0.36% -1.3%
Gross Profit $94.86M $56.61M $71.46M
YoY Change 67.57% -18.92% -9.44%
Gross Profit Margin 15.23% 10.01% 11.86%
Selling, General & Admin $65.10M $52.90M $45.36M
YoY Change 23.06% -7.19% -20.14%
% of Gross Profit 68.63% 93.45% 63.48%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.10M $13.12M $12.85M
YoY Change 22.73% -16.44% -18.65%
% of Gross Profit 16.97% 23.18% 17.99%
Operating Expenses $65.10M $52.90M $45.36M
YoY Change 23.06% -7.19% -20.0%
Operating Profit $28.82M $2.849M $21.18M
YoY Change 911.65% -77.78% -4.64%
Interest Expense $6.334M $4.756M $4.688M
YoY Change 33.18% -58.28% -65.53%
% of Operating Profit 21.98% 166.94% 22.13%
Other Income/Expense, Net $300.0K $300.0K $400.0K
YoY Change 0.0% -400.0%
Pretax Income $48.01M $20.28M $41.59M
YoY Change 136.7% -16.18% 20.21%
Income Tax $15.39M $6.083M $13.25M
% Of Pretax Income 32.05% 29.99% 31.86%
Net Earnings $31.83M $11.99M $25.65M
YoY Change 165.55% -17.17% 14.76%
Net Earnings / Revenue 5.11% 2.12% 4.26%
Basic Earnings Per Share $0.46 $0.17 $0.36
Diluted Earnings Per Share $0.45 $0.17 $0.35
COMMON SHARES
Basic Shares Outstanding 68.93M shares 69.35M shares 71.52M shares
Diluted Shares Outstanding 70.41M shares 69.36M shares 72.42M shares

Balance Sheet

Concept 2012 Q4 2011 Q4 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $32.90M $53.80M $36.90M
YoY Change -38.85% -11.66% -43.14%
Cash & Equivalents $32.89M $53.81M $36.88M
Short-Term Investments
Other Short-Term Assets $62.30M $78.00M $88.70M
YoY Change -20.13% 42.34% 49.33%
Inventory $358.2M $335.1M $377.8M
Prepaid Expenses
Receivables $334.9M $328.6M $353.2M
Other Receivables $6.900M $13.20M $2.100M
Total Short-Term Assets $795.1M $808.7M $858.6M
YoY Change -1.68% 3.99% 4.41%
LONG-TERM ASSETS
Property, Plant & Equipment $460.1M $399.0M $391.3M
YoY Change 15.31% -18.2% -21.28%
Goodwill $179.8M
YoY Change
Intangibles $114.8M
YoY Change
Long-Term Investments $252.3M $233.2M $234.8M
YoY Change 8.21% 90.83% 107.24%
Other Assets $18.65M $23.20M $23.40M
YoY Change -19.62% 58.9% 59.18%
Total Long-Term Assets $1.026B $800.9M $786.8M
YoY Change 28.07% 9.03% 7.0%
TOTAL ASSETS
Total Short-Term Assets $795.1M $808.7M $858.6M
Total Long-Term Assets $1.026B $800.9M $786.8M
Total Assets $1.821B $1.610B $1.645B
YoY Change 13.12% 6.43% 5.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $219.0M $177.2M $219.5M
YoY Change 23.57% -10.01% 7.49%
Accrued Expenses $34.45M $77.20M $74.80M
YoY Change -55.38% -15.72% -11.9%
Deferred Revenue
YoY Change
Short-Term Debt $43.98M $226.1M $209.2M
YoY Change -80.55% 82.78% 26.71%
Long-Term Debt Due $1.183M
YoY Change
Total Short-Term Liabilities $362.8M $489.4M $512.4M
YoY Change -25.86% 16.63% 9.23%
LONG-TERM LIABILITIES
Long-Term Debt $406.8M $250.3M $250.3M
YoY Change 62.53% 0.04% 0.04%
Other Long-Term Liabilities $72.99M $71.50M $65.30M
YoY Change 2.09% -2.19% -8.54%
Total Long-Term Liabilities $479.8M $321.8M $315.6M
YoY Change 49.1% -0.46% -1.87%
TOTAL LIABILITIES
Total Short-Term Liabilities $362.8M $489.4M $512.4M
Total Long-Term Liabilities $479.8M $321.8M $315.6M
Total Liabilities $998.4M $946.1M $963.5M
YoY Change 5.52% 11.86% 7.5%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $776.1M $663.6M $682.0M
YoY Change
Total Liabilities & Shareholders Equity $1.821B $1.610B $1.645B
YoY Change 13.12% 6.43% 5.64%

Cashflow Statement

Concept 2012 Q4 2011 Q4 2011 Q3
OPERATING ACTIVITIES
Net Income $31.83M $11.99M $25.65M
YoY Change 165.55% -17.17% 14.76%
Depreciation, Depletion And Amortization $16.10M $13.12M $12.85M
YoY Change 22.73% -16.44% -18.65%
Cash From Operating Activities $88.38M $64.36M -$14.84M
YoY Change 37.33% 8.16% -78.55%
INVESTING ACTIVITIES
Capital Expenditures $7.911M $3.559M $6.472M
YoY Change 122.28% -179.09% -202.73%
Acquisitions $62.11M $38.78M $41.00M
YoY Change 60.15%
Other Investing Activities -$53.00M -$32.50M $785.0K
YoY Change 63.08% -855.81% -107.85%
Cash From Investing Activities -$60.93M -$36.04M -$43.22M
YoY Change 69.09% 35935.0% 163.51%
FINANCING ACTIVITIES
Cash Dividend Paid $8.954M $8.414M $7.169M
YoY Change 6.42%
Common Stock Issuance & Retirement, Net $4.773M $16.40M $27.20M
YoY Change -70.9%
Debt Paid & Issued, Net $363.0K
YoY Change
Cash From Financing Activities -25.04M -11.39M 38.76M
YoY Change 119.88% -82.01% -57.59%
NET CHANGE
Cash From Operating Activities 88.38M 64.36M -14.84M
Cash From Investing Activities -60.93M -36.04M -43.22M
Cash From Financing Activities -25.04M -11.39M 38.76M
Net Change In Cash 2.408M 16.93M -19.29M
YoY Change -85.78% -534.13% -432.62%
FREE CASH FLOW
Cash From Operating Activities $88.38M $64.36M -$14.84M
Capital Expenditures $7.911M $3.559M $6.472M
Free Cash Flow $80.47M $60.80M -$21.31M
YoY Change 32.36% -5.01% -66.12%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
70518207 shares
CY2011Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
36875000
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
30481000
CY2011Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
68937000 shares
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
53806000
CY2012Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
38560000
CY2012Q4 us-gaap Goodwill
Goodwill
179837000
CY2012Q4 us-gaap Assets Held For Sale Current
AssetsHeldForSaleCurrent
3697000
CY2012Q4 us-gaap Equity Method Investments
EquityMethodInvestments
252347000
CY2012Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
407994000
CY2012Q4 us-gaap Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
904000
CY2012Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
19963000
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
10559000
CY2012Q4 us-gaap Restructuring Reserve
RestructuringReserve
4773000
CY2012Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
18649000
CY2012Q4 us-gaap Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
10559000
CY2012Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
43978000
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
776146000
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
822476000
CY2012Q4 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
191314000
CY2012Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1802000
CY2012Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
52903000
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
69060000 shares
CY2012Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
89766000
CY2012Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
334912000
CY2012Q4 us-gaap Liabilities
Liabilities
998359000
CY2012Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
218971000
CY2012Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
72994000
CY2012Q4 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
656515000
CY2012Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
6869000
CY2012Q4 us-gaap Assets
Assets
1820835000
CY2012Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
1010115000
CY2012Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
90764000
CY2012Q4 us-gaap Inventory Net
InventoryNet
358224000
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1820835000
CY2012Q4 us-gaap Minority Interest
MinorityInterest
46330000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32889000
CY2012Q4 us-gaap Equity Method Investment Summarized Financial Information Equity Or Capital
EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital
518908000
CY2012Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
353600000
CY2012Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
114807000
CY2012Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
34446000
CY2012Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
180690000
CY2012Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
1010115000
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
362824000
CY2012Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4139000
CY2012Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
439190000
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
904000
CY2012Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
20546000
CY2012Q4 us-gaap Assets Current
AssetsCurrent
795114000
CY2012Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
87768000
CY2012Q4 us-gaap Long Lived Assets Held For Sale Gain Loss On Sale
LongLivedAssetsHeldForSaleGainLossOnSale
-1690000
CY2012Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
9541000
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
460081000
CY2012Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1183000
CY2012Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
406811000
CY2012Q4 wor Equity Method Investment Summarized Financial Information Long Term Debt
EquityMethodInvestmentSummarizedFinancialInformationLongTermDebt
273627000
CY2012Q4 wor Equity Method Investment Summarized Financial Information Long Term Debt Current Maturities
EquityMethodInvestmentSummarizedFinancialInformationLongTermDebtCurrentMaturities
5343000
CY2012Q4 wor Equity Method Investment Summarized Financial Information Other Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationOtherNoncurrentLiabilities
20923000
CY2012Q4 wor Distributions In Excess Of Investment In Unconsolidated Affiliates
DistributionsInExcessOfInvestmentInUnconsolidatedAffiliates
64966000
CY2011Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
56167000
CY2012Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
41402000
CY2012Q2 us-gaap Goodwill
Goodwill
156681000
CY2012Q2 us-gaap Assets Held For Sale Current
AssetsHeldForSaleCurrent
7202000
CY2012Q2 us-gaap Equity Method Investments
EquityMethodInvestments
240882000
CY2012Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
258791000
CY2012Q2 us-gaap Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
1157000
CY2012Q2 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
20906000
CY2012Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
14993000
CY2012Q2 us-gaap Restructuring Reserve
RestructuringReserve
5583000
CY2012Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
22585000
CY2012Q2 us-gaap Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
14993000
CY2012Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
274923000
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
697174000
CY2012Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
747437000
CY2012Q2 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
174016000
CY2012Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
11697000
CY2012Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
71271000
CY2012Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
115510000
CY2012Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
400869000
CY2012Q2 us-gaap Liabilities
Liabilities
1130360000
CY2012Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
252334000
CY2012Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
72371000
CY2012Q2 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
626975000
CY2011Q4 us-gaap Payments Of Dividends
PaymentsOfDividends
8414000
CY2011Q4 us-gaap Interest Expense
InterestExpense
4756000
CY2011Q4 wor Equity Method Investment Summarized Financial Information Depreciation And Amortization
EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization
4766000
CY2011Q4 wor Equity Method Investment Summarized Financial Information Interest Expense
EquityMethodInvestmentSummarizedFinancialInformationInterestExpense
950000
CY2011Q4 wor Equity Method Investment Summarized Financial Information Operating Income Loss
EquityMethodInvestmentSummarizedFinancialInformationOperatingIncomeLoss
52809000
CY2012Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
892000
CY2012Q2 us-gaap Assets
Assets
1877797000
CY2012Q2 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
972475000
CY2012Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
73099000
CY2012Q2 us-gaap Inventory Net
InventoryNet
401940000
CY2012Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1877797000
CY2012Q2 us-gaap Minority Interest
MinorityInterest
50263000
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
41028000
CY2012Q2 us-gaap Equity Method Investment Summarized Financial Information Equity Or Capital
EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital
481912000
CY2012Q2 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
345500000
CY2012Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
100333000
CY2012Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
38231000
CY2012Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
211543000
CY2012Q2 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
972475000
CY2012Q2 us-gaap Liabilities Current
LiabilitiesCurrent
658263000
CY2012Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3329000
CY2012Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
274754000
CY2012Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1157000
CY2012Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
16103000
CY2012Q2 us-gaap Assets Current
AssetsCurrent
914239000
CY2012Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
74887000
CY2012Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
8478000
CY2012Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
443077000
CY2012Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
1329000
CY2012Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
257462000
CY2012Q2 wor Equity Method Investment Summarized Financial Information Long Term Debt
EquityMethodInvestmentSummarizedFinancialInformationLongTermDebt
289308000
CY2012Q2 wor Equity Method Investment Summarized Financial Information Long Term Debt Current Maturities
EquityMethodInvestmentSummarizedFinancialInformationLongTermDebtCurrentMaturities
5305000
CY2012Q2 wor Equity Method Investment Summarized Financial Information Other Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationOtherNoncurrentLiabilities
21934000
CY2012Q2 wor Distributions In Excess Of Investment In Unconsolidated Affiliates
DistributionsInExcessOfInvestmentInUnconsolidatedAffiliates
69165000
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
2287000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1382000
us-gaap Operating Income Loss
OperatingIncomeLoss
24032000
us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4904000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
8523000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
79782000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
27774000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2563000
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
785000
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-2296000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
25973000
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
848204000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.53
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-147129000
us-gaap Profit Loss
ProfitLoss
42541000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.24
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-880000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
52120000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.329 pure
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
11347000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
49515000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-79251000
us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
1168039000
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
2665000
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-263000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10031000
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
93131000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-2361000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2840000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-49000
us-gaap Restructuring Charges
RestructuringCharges
3751000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3550000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70925000 shares
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
680000
us-gaap Sales Revenue Net
SalesRevenueNet
1168039000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-11373000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-12204000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.53
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
27375000
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
2068000
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
6576000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70440000 shares
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-54775000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
46609000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
1039971000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5779000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
61877000
us-gaap Gross Profit
GrossProfit
128068000
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
99823000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
8178000
us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
163809000
us-gaap Net Income Loss
NetIncomeLoss
37637000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
98262000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-56092000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19336000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
30337000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-57901000
us-gaap Payments Of Dividends
PaymentsOfDividends
15583000
us-gaap Interest Expense
InterestExpense
9444000
wor Equity Method Investment Summarized Financial Information Depreciation And Amortization
EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization
9602000
wor Equity Method Investment Summarized Financial Information Interest Expense
EquityMethodInvestmentSummarizedFinancialInformationInterestExpense
1826000
wor Equity Method Investment Summarized Financial Information Operating Income Loss
EquityMethodInvestmentSummarizedFinancialInformationOperatingIncomeLoss
110038000
wor Provision And Recovery For Doubtful Accounts
ProvisionAndRecoveryForDoubtfulAccounts
-111000
wor Equity Method Investment Summarized Financial Information Income Tax Expense Benefit
EquityMethodInvestmentSummarizedFinancialInformationIncomeTaxExpenseBenefit
10124000
wor Joint Venture Transactions
JointVentureTransactions
2023000
dei Trading Symbol
TradingSymbol
WOR
dei Entity Registrant Name
EntityRegistrantName
WORTHINGTON INDUSTRIES INC
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2012-11-30
dei Entity Central Index Key
EntityCentralIndexKey
0000108516
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--05-31
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
14415000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1978000
us-gaap Operating Income Loss
OperatingIncomeLoss
62240000
us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1699000
us-gaap Other Restructuring Costs
OtherRestructuringCosts
484000
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
9597000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
15628000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-1039000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
62110000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
805000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7538000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
73988000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2057000
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-31000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
1520000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
31088000
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
885113000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.94
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
172000
us-gaap Restructuring Charges
RestructuringCharges
1665000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1602000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-96467000
us-gaap Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
-466000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69834000 shares
us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
-1169000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-70191000
us-gaap Profit Loss
ProfitLoss
67487000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-1122000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.26
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
655000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.327 pure
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
15675000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
159379000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-71051000
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
1288657000
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
4454000
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-1808000
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
15628000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
24616000
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-238196000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-8139000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
150000000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2937000
us-gaap Derivatives Methods Of Accounting Nonhedging Derivatives
DerivativesMethodsOfAccountingNonhedgingDerivatives
<div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Economic (Non-designated) Hedges</b></font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: Times New Roman" size="2">We enter into foreign currency contracts to manage our foreign exchange exposure related to inter-company and financing transactions that do not meet the requirements for hedge accounting treatment. We also enter into certain commodity contracts that do not qualify for hedge accounting treatment. Accordingly, these derivative instruments are adjusted to current market value at the end of each period through earnings.</font></p> </div>
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
468000
us-gaap Sales Revenue Net
SalesRevenueNet
1288657000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
8075000
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
33449000
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
69000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
8075000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
1777000
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
5990000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68604000 shares
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
8558000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.96
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
47864000
us-gaap Payments For Restructuring
PaymentsForRestructuring
2258000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-83000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
1100150000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
255000
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5990000
us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Cash Flow Hedges</b></font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: Times New Roman" size="2">We enter into derivative instruments to hedge our exposure to changes in cash flows attributable to interest rate and commodity price fluctuations associated with certain forecasted transactions. These derivative instruments are designated and qualify as cash flow hedges. Accordingly, the effective portion of the gain or loss on the derivative instrument is reported as a component of other comprehensive income (&#x201C;OCI&#x201D;) and reclassified into earnings in the same line item associated with the forecasted transaction and in the same period during which the hedged transaction affects earnings. The ineffective portion of the gain or loss on the derivative instrument is recognized in earnings immediately.</font></p> </div>
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6933000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
98979000
us-gaap Gross Profit
GrossProfit
188507000
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
101149000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3359000
us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
164226000
us-gaap Dividends Cash
DividendsCash
18182000
us-gaap Net Income Loss
NetIncomeLoss
65788000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
124523000
us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
1914000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-68750000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
31492000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
76045000
us-gaap Severance Costs
SeveranceCosts
104000
us-gaap Payments Of Dividends
PaymentsOfDividends
17104000
us-gaap Interest Expense
InterestExpense
11593000
wor Equity Method Investment Summarized Financial Information Depreciation And Amortization
EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization
19109000
wor Equity Method Investment Summarized Financial Information Interest Expense
EquityMethodInvestmentSummarizedFinancialInformationInterestExpense
4469000
wor Equity Method Investment Summarized Financial Information Operating Income Loss
EquityMethodInvestmentSummarizedFinancialInformationOperatingIncomeLoss
108610000
wor Provision And Recovery For Doubtful Accounts
ProvisionAndRecoveryForDoubtfulAccounts
499000
wor Equity Method Investment Summarized Financial Information Income Tax Expense Benefit
EquityMethodInvestmentSummarizedFinancialInformationIncomeTaxExpenseBenefit
3646000
wor Joint Venture Transactions
JointVentureTransactions
-1441000
wor Joint Venture Transaction Costs
JointVentureTransactionCosts
1441000
wor Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred Tax
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferredTax
558000
CY2011Q4 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-2782000
CY2011Q4 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1165000
CY2011Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
2849000
CY2011Q4 us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
CY2011Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2216000
CY2011Q4 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
315000
CY2011Q4 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
38782000
CY2011Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3635000
CY2011Q4 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
696000
CY2011Q4 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-450000
CY2011Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13119000
CY2011Q4 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
420103000
CY2011Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2011Q4 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-50281000
CY2011Q4 us-gaap Profit Loss
ProfitLoss
14201000
CY2011Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
CY2011Q4 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1155000
CY2011Q4 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
16715000
CY2011Q4 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
6306000
CY2011Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
64355000
CY2011Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-36035000
CY2011Q4 us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
565652000
CY2011Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
3516000
CY2011Q4 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-1214000
CY2011Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3559000
CY2011Q4 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
16881000
CY2011Q4 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
16931000
CY2011Q4 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1567000
CY2011Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-49000
CY2011Q4 us-gaap Restructuring Charges
RestructuringCharges
2048000
CY2011Q4 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2940000
CY2011Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69356000 shares
CY2011Q4 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
279000
CY2011Q4 us-gaap Sales Revenue Net
SalesRevenueNet
565652000
CY2011Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-11074000
CY2011Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9870000
CY2011Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
CY2011Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-11389000
CY2011Q4 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
1653000
CY2011Q4 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
3456000
CY2011Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69350000 shares
CY2011Q4 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-48860000
CY2011Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
21912000
CY2011Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
509046000
CY2011Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2578000
CY2011Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
20284000
CY2011Q4 us-gaap Gross Profit
GrossProfit
56606000
CY2011Q4 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
47959000
CY2011Q4 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
500000
CY2011Q4 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
79985000
CY2011Q4 us-gaap Net Income Loss
NetIncomeLoss
11985000
CY2011Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
52901000
CY2011Q4 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-28717000
CY2011Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6083000
CY2011Q4 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
4331000
CY2011Q4 wor Provision And Recovery For Doubtful Accounts
ProvisionAndRecoveryForDoubtfulAccounts
-140000
CY2011Q4 wor Equity Method Investment Summarized Financial Information Income Tax Expense Benefit
EquityMethodInvestmentSummarizedFinancialInformationIncomeTaxExpenseBenefit
5766000
CY2011Q4 wor Joint Venture Transactions
JointVentureTransactions
-1192000
CY2012Q4 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
7057000
CY2012Q4 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
3497000
CY2012Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
28822000
CY2012Q4 us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
CY2012Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
796000
CY2012Q4 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
4720000
CY2012Q4 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
4773000
CY2012Q4 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-882000
CY2012Q4 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
62110000
CY2012Q4 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
363000
CY2012Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
35417000
CY2012Q4 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1043000
CY2012Q4 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
147000
CY2012Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
-50000
CY2012Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16101000
CY2012Q4 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
438260000
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
CY2012Q4 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-30618000
CY2012Q4 us-gaap Profit Loss
ProfitLoss
32622000
CY2012Q4 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-882000
CY2012Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.13
CY2012Q4 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-329000
CY2012Q4 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
9090000
CY2012Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
88381000
CY2012Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-60931000
CY2012Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
CY2012Q4 us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
622622000
CY2012Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
3504000
CY2012Q4 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-406000
CY2012Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7911000
CY2012Q4 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-14508000
CY2012Q4 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
2408000
CY2012Q4 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-90000
CY2012Q4 us-gaap Restructuring Charges
RestructuringCharges
1262000
CY2012Q4 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1747000
CY2012Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70411000 shares
CY2012Q4 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
303000
CY2012Q4 us-gaap Sales Revenue Net
SalesRevenueNet
622622000
CY2012Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
4167000
CY2012Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3838000
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.46
CY2012Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-25042000
CY2012Q4 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
2379000
CY2012Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
4167000
CY2012Q4 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
553000
CY2012Q4 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
5990000
CY2012Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68934000 shares
CY2012Q4 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-40882000
CY2012Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
25221000
CY2012Q4 us-gaap Cost Of Goods Sold
CostOfGoodsSold
527766000
CY2012Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3740000
CY2012Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
48012000
CY2012Q4 us-gaap Gross Profit
GrossProfit
94856000
CY2012Q4 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
54864000
CY2012Q4 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1320000
CY2012Q4 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
86307000
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
31826000
CY2012Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
65101000
CY2012Q4 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-30634000
CY2012Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15390000
CY2012Q4 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
36460000
CY2012Q4 us-gaap Payments Of Dividends
PaymentsOfDividends
8954000
CY2012Q4 us-gaap Interest Expense
InterestExpense
6334000
CY2012Q4 wor Equity Method Investment Summarized Financial Information Depreciation And Amortization
EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization
9903000
CY2012Q4 wor Equity Method Investment Summarized Financial Information Interest Expense
EquityMethodInvestmentSummarizedFinancialInformationInterestExpense
2208000
CY2012Q4 wor Equity Method Investment Summarized Financial Information Operating Income Loss
EquityMethodInvestmentSummarizedFinancialInformationOperatingIncomeLoss
56900000
CY2012Q4 wor Provision And Recovery For Doubtful Accounts
ProvisionAndRecoveryForDoubtfulAccounts
492000
CY2012Q4 wor Equity Method Investment Summarized Financial Information Income Tax Expense Benefit
EquityMethodInvestmentSummarizedFinancialInformationIncomeTaxExpenseBenefit
176000
CY2012Q4 wor Joint Venture Transactions
JointVentureTransactions
-279000

Files In Submission

Name View Source Status
0001193125-13-008048-index-headers.html Edgar Link pending
0001193125-13-008048-index.html Edgar Link pending
0001193125-13-008048.txt Edgar Link pending
0001193125-13-008048-xbrl.zip Edgar Link pending
d441659d10q.htm Edgar Link pending
d441659dex311.htm Edgar Link pending
d441659dex312.htm Edgar Link pending
d441659dex321.htm Edgar Link pending
d441659dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
g441659001.jpg Edgar Link pending
g441659g37y00.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
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
wor-20121130.xml Edgar Link completed
wor-20121130.xsd Edgar Link pending
wor-20121130_cal.xml Edgar Link unprocessable
wor-20121130_def.xml Edgar Link unprocessable
wor-20121130_lab.xml Edgar Link unprocessable
wor-20121130_pre.xml Edgar Link unprocessable