$WTS
WATTS WATER TECHNOLOGIES INC Stock $wts

$wts Overview Financials Valuation SEC Filings Company Website

2014 Q1 Form 10-Q Financial Statement

#000110465914036517 Filed on May 08, 2014

Income Statement

Concept	2014 Q1	2013 Q1
Revenue	$365.2M	$358.9M
YoY Change	1.76%	0.36%
Cost Of Revenue	$231.9M	$230.0M
YoY Change	0.83%
Gross Profit	$133.3M	$128.9M
YoY Change	3.41%	0.86%
Gross Profit Margin	36.5%	35.92%
Selling, General & Admin	$103.3M	$98.10M
YoY Change	5.3%
% of Gross Profit	77.49%	76.11%
Research & Development	$6.300M	$5.400M
YoY Change	16.67%
% of Gross Profit	4.73%	4.19%
Depreciation & Amortization	$11.90M	$12.20M
YoY Change	-2.46%
% of Gross Profit	8.93%	9.46%
Operating Expenses	$109.6M	$103.5M
YoY Change	5.89%
Operating Profit	$25.80M	$28.60M
YoY Change	-9.79%
Interest Expense	$4.900M	$6.000M
YoY Change	-18.33%
% of Operating Profit	18.99%	20.98%
Other Income/Expense, Net	-$5.200M	-$5.900M
YoY Change	-11.86%
Pretax Income	$20.60M	$22.70M
YoY Change	-9.25%
Income Tax	$6.500M	$6.400M
% Of Pretax Income	31.55%	28.19%
Net Earnings	$14.10M	$16.10M
YoY Change	-12.42%
Net Earnings / Revenue	3.86%	4.49%
Basic Earnings Per Share	$0.40	$0.45
Diluted Earnings Per Share	$0.40	$0.45
COMMON SHARES
Basic Shares Outstanding	35.40M shares	35.50M shares
Diluted Shares Outstanding	35.50M shares	35.60M shares

Balance Sheet

Concept	2014 Q1	2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$225.0M	$253.1M
YoY Change	-11.1%
Cash & Equivalents	$225.0M	$251.0M
Short-Term Investments		$2.100M
Other Short-Term Assets	$66.30M	$51.10M
YoY Change	29.75%
Inventory	$323.8M	$299.7M
Prepaid Expenses
Receivables	$224.0M	$218.5M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$839.1M	$822.4M
YoY Change	2.03%
LONG-TERM ASSETS
Property, Plant & Equipment	$216.0M	$220.5M
YoY Change	-2.04%
Goodwill	$513.9M	$495.4M
YoY Change	3.73%
Intangibles	$128.2M
YoY Change
Long-Term Investments
YoY Change
Other Assets	$13.70M	$9.600M
YoY Change	42.71%
Total Long-Term Assets	$876.1M	$875.7M
YoY Change	0.05%
TOTAL ASSETS
Total Short-Term Assets	$839.1M	$822.4M
Total Long-Term Assets	$876.1M	$875.7M
Total Assets	$1.715B	$1.698B
YoY Change	1.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$125.2M	$134.1M
YoY Change	-6.64%
Accrued Expenses	$179.6M	$154.2M
YoY Change	16.47%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$2.200M	$77.00M
YoY Change	-97.14%
Total Short-Term Liabilities	$307.0M	$365.3M
YoY Change	-15.96%
LONG-TERM LIABILITIES
Long-Term Debt	$305.1M	$306.8M
YoY Change	-0.55%
Other Long-Term Liabilities	$58.00M	$45.50M
YoY Change	27.47%
Total Long-Term Liabilities	$363.1M	$352.3M
YoY Change	3.07%
TOTAL LIABILITIES
Total Short-Term Liabilities	$307.0M	$365.3M
Total Long-Term Liabilities	$363.1M	$352.3M
Total Liabilities	$670.1M	$717.6M
YoY Change	-6.62%
SHAREHOLDERS EQUITY
Retained Earnings	$512.3M	$509.2M
YoY Change	0.61%
Common Stock	$477.0M	$453.8M
YoY Change	5.11%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.001B	$936.0M
YoY Change
Total Liabilities & Shareholders Equity	$1.715B	$1.698B
YoY Change	1.01%

Cashflow Statement

Concept	2014 Q1	2013 Q1
OPERATING ACTIVITIES
Net Income	$14.10M	$16.10M
YoY Change	-12.42%
Depreciation, Depletion And Amortization	$11.90M	$12.20M
YoY Change	-2.46%
Cash From Operating Activities	-$18.70M	-$2.700M
YoY Change	592.59%
INVESTING ACTIVITIES
Capital Expenditures	$5.000M	$11.00M
YoY Change	-54.55%
Acquisitions
YoY Change
Other Investing Activities	$100.0K	$0.00
YoY Change
Cash From Investing Activities	-$4.900M	-$11.00M
YoY Change	-55.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$9.400M
YoY Change
Debt Paid & Issued, Net	$400.0K	$500.0K
YoY Change	-20.0%
Cash From Financing Activities	-18.00M	-3.800M
YoY Change	373.68%
NET CHANGE
Cash From Operating Activities	-18.70M	-2.700M
Cash From Investing Activities	-4.900M	-11.00M
Cash From Financing Activities	-18.00M	-3.800M
Net Change In Cash	-41.60M	-17.50M
YoY Change	137.71%
FREE CASH FLOW
Cash From Operating Activities	-$18.70M	-$2.700M
Capital Expenditures	$5.000M	$11.00M
Free Cash Flow	-$23.70M	-$13.70M
YoY Change	72.99%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q1	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	24200000	USD
CY2014Q1	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	24500000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.40
CY2014Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><i><font style="FONT-STYLE: italic; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Estimates</font></i></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></p> </div>
CY2013Q4	us-gaap	Goodwill Gross GoodwillGross	539300000	USD
CY2012Q4	us-gaap	Goodwill Gross GoodwillGross	528200000	USD
CY2014Q1	us-gaap	Goodwill Gross GoodwillGross	538400000	USD
CY2013Q1	wts	Goodwill Translation Adjustments And Other Changes GoodwillTranslationAdjustmentsAndOtherChanges	-8600000	USD
CY2014Q1	wts	Goodwill Translation Adjustments And Other Changes GoodwillTranslationAdjustmentsAndOtherChanges	-900000	USD
CY2013Q4	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	24500000	USD
CY2012Q4	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	24200000	USD
CY2014Q1	us-gaap	Goodwill Goodwill	513900000	USD
CY2013Q1	us-gaap	Goodwill Goodwill	495400000	USD
CY2013Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	199000000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	198500000	USD
CY2013Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	108500000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	112200000	USD
CY2013Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	90500000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	86300000	USD
CY2013Q4	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	41900000	USD
CY2014Q1	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	41900000	USD
CY2013Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	240900000	USD
CY2014Q1	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	240400000	USD
CY2013Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	132400000	USD
CY2014Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	128200000	USD
CY2013Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3700000	USD
CY2014Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3700000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	14600000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	14200000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	13800000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	9900000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	11100000	USD
CY2014Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	14100000	USD
CY2014Q1	wts	Share Based Compensation Arrangement By Share Based Payment Award Plan Number ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanNumber	1	item
CY2014Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	35500000	shares
CY2014Q1	us-gaap	Shipping Handling And Transportation Costs ShippingHandlingAndTransportationCosts	14700000	USD
CY2013Q1	us-gaap	Shipping Handling And Transportation Costs ShippingHandlingAndTransportationCosts	13900000	USD
CY2013Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	5400000	USD
CY2014Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	6300000	USD
CY2014Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.13
CY2013Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.45
CY2014Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	100000	shares
CY2014Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	300000	shares
CY2013Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	400000	shares
CY2014Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	9400000	USD
CY2014Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	307300000	USD
CY2013Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	307700000	USD
CY2014Q1	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	332300000	USD
CY2013Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	333400000	USD
CY2014Q1	us-gaap	Restructuring Settlement And Impairment Provisions RestructuringSettlementAndImpairmentProvisions	4200000	USD
CY2013Q1	us-gaap	Restructuring Settlement And Impairment Provisions RestructuringSettlementAndImpairmentProvisions	2200000	USD
CY2014Q1	wts	Restructuring Settlement And Impairment Provisions Net Total RestructuringSettlementAndImpairmentProvisionsNetTotal	4200000	USD
CY2013Q1	wts	Restructuring Settlement And Impairment Provisions Net Total RestructuringSettlementAndImpairmentProvisionsNetTotal	2200000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	14100000	USD
CY2014Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	14100000	USD
CY2014Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35400000	shares
CY2014Q1	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.40
CY2014Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.40
CY2013Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	16300000	USD
CY2013Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-200000	USD
CY2013Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	16100000	USD
CY2013Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35500000	shares
CY2013Q1	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.46
CY2013Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	-0.01
CY2013Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	-0.01
CY2014Q1	us-gaap	Sales Revenue Net SalesRevenueNet	365200000	USD
CY2013Q1	us-gaap	Sales Revenue Net SalesRevenueNet	358900000	USD
CY2014Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	item
CY2013Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.11
CY2014Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	25800000	USD
CY2013Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	28600000	USD
CY2014Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	100000	USD
CY2013Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	100000	USD
CY2014Q1	us-gaap	Interest Expense InterestExpense	4900000	USD
CY2014Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-400000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	20600000	USD
CY2013Q1	us-gaap	Interest Expense InterestExpense	6000000	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	22700000	USD
CY2014Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	5000000	USD
CY2014Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	11900000	USD
CY2014Q1	us-gaap	Assets Assets	1715200000	USD
CY2013Q1	us-gaap	Assets Assets	1698100000	USD
CY2014Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	216000000	USD
CY2013Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	220500000	USD
CY2013Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	6400000	USD
CY2014Q1	us-gaap	Loss Contingency Range Of Possible Loss Maximum LossContingencyRangeOfPossibleLossMaximum	11500000	USD
CY2014Q1	us-gaap	Defined Benefit Plan Service Cost DefinedBenefitPlanServiceCost	200000	USD
CY2013Q1	us-gaap	Defined Benefit Plan Service Cost DefinedBenefitPlanServiceCost	100000	USD
CY2014Q1	us-gaap	Defined Benefit Plan Interest Cost DefinedBenefitPlanInterestCost	1500000	USD
CY2013Q1	us-gaap	Defined Benefit Plan Interest Cost DefinedBenefitPlanInterestCost	1400000	USD
CY2014Q1	us-gaap	Defined Benefit Plan Expected Return On Plan Assets DefinedBenefitPlanExpectedReturnOnPlanAssets	1500000	USD
CY2013Q1	us-gaap	Defined Benefit Plan Expected Return On Plan Assets DefinedBenefitPlanExpectedReturnOnPlanAssets	1700000	USD
CY2014Q1	us-gaap	Defined Benefit Plan Amortization Of Gains Losses DefinedBenefitPlanAmortizationOfGainsLosses	-300000	USD
CY2014Q1	wts	Repayments Of Long Term Capital Lease And Other Obligations RepaymentsOfLongTermCapitalLeaseAndOtherObligations	2500000	USD
CY2013Q4	us-gaap	Liabilities Current LiabilitiesCurrent	326900000	USD
CY2014Q1	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	400000	USD
CY2013Q1	us-gaap	Defined Benefit Plan Amortization Of Gains Losses DefinedBenefitPlanAmortizationOfGainsLosses	-200000	USD
CY2014Q1	us-gaap	Defined Benefit Plan Net Periodic Benefit Cost DefinedBenefitPlanNetPeriodicBenefitCost	500000	USD
CY2014Q1	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	200000	USD
CY2013Q1	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	200000	USD
CY2014Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	500000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-4900000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-11000000	USD
CY2014Q1	us-gaap	Defined Benefit Plans Estimated Future Employer Contributions In Current Fiscal Year DefinedBenefitPlansEstimatedFutureEmployerContributionsInCurrentFiscalYear	600000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value Including Discontinued Operations CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations	271300000	USD
CY2014Q1	wts	Noncash Investing And Financing Stock Issued Net Of Withholding NoncashInvestingAndFinancingStockIssuedNetOfWithholding	200000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value Including Discontinued Operations CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations	251000000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents At Carrying Value Including Discontinued Operations CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations	225000000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-18700000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-2000000	USD
CY2014Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	100000	USD
CY2014Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	400000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-18000000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-3800000	USD
CY2014Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-1300000	USD
CY2014Q1	us-gaap	Interest Paid InterestPaid	300000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-42900000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-20300000	USD
CY2014Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	8000000	USD
CY2013Q1	us-gaap	Cash Provided By Used In Operating Activities Discontinued Operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations	-200000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-19900000	USD
CY2013Q1	wts	Other Comprehensive Income Amortization Of Net Losses Included In Net Periodic Pension Cost OtherComprehensiveIncomeAmortizationOfNetLossesIncludedInNetPeriodicPensionCost	200000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-19700000	USD
CY2013Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-3600000	USD
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	10000000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-4100000	USD
CY2013Q1	us-gaap	Cost Of Goods Sold CostOfGoodsSold	230000000	USD
CY2013Q1	us-gaap	Gross Profit GrossProfit	128900000	USD
CY2013Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	98100000	USD
CY2014Q1	us-gaap	Cost Of Goods Sold CostOfGoodsSold	231900000	USD
CY2013Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-5900000	USD
CY2014Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.40
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value Including Discontinued Operations CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations	267900000	USD
CY2013Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	212900000	USD
CY2013Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	111300000	USD
CY2013Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	19100000	USD
CY2013Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	179800000	USD
CY2013Q4	us-gaap	Inventory Net InventoryNet	310200000	USD
CY2013Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	35000000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	29800000	USD
CY2013Q4	us-gaap	Assets Held For Sale Current AssetsHeldForSaleCurrent	1300000	USD
CY2013Q4	us-gaap	Assets Current AssetsCurrent	857100000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	539200000	USD
CY2013Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	319300000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	219900000	USD
CY2013Q4	us-gaap	Goodwill Goodwill	514800000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	3800000	USD
CY2013Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	12200000	USD
CY2013Q4	us-gaap	Assets Assets	1740200000	USD
CY2013Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	145600000	USD
CY2013Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	135200000	USD
CY2013Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	43900000	USD
CY2013Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	2200000	USD
CY2013Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	305500000	USD
CY2013Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	45900000	USD
CY2013Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	59800000	USD
CY2013Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	473500000	USD
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	513100000	USD
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	12000000	USD
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	1002100000	USD
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1740200000	USD
CY2013Q4	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2014Q1	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2014Q1	us-gaap	Inventory Net InventoryNet	323800000	USD
CY2014Q1	us-gaap	Assets Current AssetsCurrent	839100000	USD
CY2014Q1	us-gaap	Liabilities Current LiabilitiesCurrent	307000000	USD
CY2014Q1	us-gaap	Stockholders Equity StockholdersEquity	1000700000	USD
CY2014Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1715200000	USD
CY2014Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	9700000	USD
CY2013Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	9700000	USD
CY2014Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.10
CY2013Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.10
CY2014Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2013Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2014Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2013Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2013Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q1	dei	Entity Registrant Name EntityRegistrantName	WATTS WATER TECHNOLOGIES INC
CY2014Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000795403
CY2014Q1	dei	Document Type DocumentType	10-Q
CY2014Q1	dei	Document Period End Date DocumentPeriodEndDate	2014-03-30
CY2014Q1	dei	Amendment Flag AmendmentFlag	false
CY2014Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2014Q1	us-gaap	Gross Profit GrossProfit	133300000	USD
CY2013Q1	us-gaap	Depreciation Depreciation	8500000	USD
CY2014Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2014Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2014Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
CY2014Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2013Q1	wts	Gain Loss On Disposal And Impairment Of Property Plant And Equipment GainLossOnDisposalAndImpairmentOfPropertyPlantAndEquipment	100000	USD
CY2014Q1	wts	Length Of Fiscal Year LengthOfFiscalYear	P364D
CY2014Q1	wts	Length Of Fiscal Quarter LengthOfFiscalQuarter	P91D
CY2013Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1600000	USD
CY2013Q1	wts	Deferred Income Tax Noncash Expense Benefit DeferredIncomeTaxNoncashExpenseBenefit	-500000	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	14100000	USD
CY2013Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	11800000	USD
CY2013Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	5200000	USD
CY2013Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-400000	USD
CY2013Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	11000000	USD
CY2013Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	500000	USD
CY2013Q1	wts	Repayments Of Long Term Capital Lease And Other Obligations RepaymentsOfLongTermCapitalLeaseAndOtherObligations	1300000	USD
CY2013Q1	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	1400000	USD
CY2013Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	500000	USD
CY2013Q1	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	3900000	USD
CY2013Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-3300000	USD
CY2013Q1	wts	Noncash Investing And Financing Stock Issued Net Of Withholding NoncashInvestingAndFinancingStockIssuedNetOfWithholding	400000	USD
CY2013Q1	us-gaap	Interest Paid InterestPaid	600000	USD
CY2013Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	10000000	USD
CY2014Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-5200000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Asset Useful Life FiniteLivedIntangibleAssetUsefulLife	P8Y3M18D
CY2013Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	12200000	USD
CY2014Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	item
CY2014Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	224000000	USD
CY2014Q1	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	113500000	USD
CY2014Q1	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	18700000	USD
CY2014Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	191600000	USD
CY2014Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	36900000	USD
CY2014Q1	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	28100000	USD
CY2014Q1	us-gaap	Assets Held For Sale Current AssetsHeldForSaleCurrent	1300000	USD
CY2014Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	13700000	USD
CY2014Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	125200000	USD
CY2014Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	136800000	USD
CY2014Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	42800000	USD
CY2014Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	2200000	USD
CY2014Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	305100000	USD
CY2014Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	44400000	USD
CY2014Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	58000000	USD
CY2014Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	477000000	USD
CY2014Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	512300000	USD
CY2014Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	7900000	USD
CY2014Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	103300000	USD
CY2014Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	6500000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-4300000	USD
CY2014Q1	wts	Other Comprehensive Income Amortization Of Net Losses Included In Net Periodic Pension Cost OtherComprehensiveIncomeAmortizationOfNetLossesIncludedInNetPeriodicPensionCost	200000	USD
CY2014Q1	us-gaap	Depreciation Depreciation	8200000	USD
CY2014Q1	wts	Gain Loss On Disposal And Impairment Of Property Plant And Equipment GainLossOnDisposalAndImpairmentOfPropertyPlantAndEquipment	-100000	USD
CY2014Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1700000	USD
CY2014Q1	wts	Deferred Income Tax Noncash Expense Benefit DeferredIncomeTaxNoncashExpenseBenefit	-400000	USD
CY2014Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	11800000	USD
CY2014Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	15300000	USD
CY2014Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1300000	USD
CY2014Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-17700000	USD
CY2014Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	2000000	USD
CY2014Q1	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	4600000	USD

Files In Submission

Name	View Source	Status
0001104659-14-036517-index-headers.html	Edgar Link	pending
0001104659-14-036517-index.html	Edgar Link	pending
0001104659-14-036517.txt	Edgar Link	pending
0001104659-14-036517-xbrl.zip	Edgar Link	pending
a14-9285_110q.htm	Edgar Link	pending
a14-9285_1ex10d1.htm	Edgar Link	pending
a14-9285_1ex31d1.htm	Edgar Link	pending
a14-9285_1ex32d1.htm	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
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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
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
wts-20140330.xml	Edgar Link	completed
wts-20140330.xsd	Edgar Link	pending
wts-20140330_cal.xml	Edgar Link	unprocessable
wts-20140330_def.xml	Edgar Link	unprocessable
wts-20140330_lab.xml	Edgar Link	unprocessable
wts-20140330_pre.xml	Edgar Link	unprocessable

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$WTS
WATTS WATER TECHNOLOGIES INC Stock $wts

2014 Q1 Form 10-Q Financial Statement

#000110465914036517 Filed on May 08, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WTS WATTS WATER TECHNOLOGIES INC Stock $wts

2014 Q1 Form 10-Q Financial Statement

#000110465914036517 Filed on May 08, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WTS
WATTS WATER TECHNOLOGIES INC Stock $wts