◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

MSA SAFETY INC CIK: 66570 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0000066570-18-000018
Period End Date 20180331
Filing Date 20180424
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance msa-20180331.xml
Filing Contents
Balance Sheet 79 line items
Line Item Tag Value Unit Period
Trade receivables, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $5.54M USD Point-in-time
Trade receivables, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $5.82M USD Point-in-time
Common stock, par value (dollars per share) CommonStockNoParValue - USD Point-in-time
Common stock, par value (dollars per share) CommonStockNoParValue - USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $104.43M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $134.24M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $124.88M USD Point-in-time
Trade receivables, less allowance for doubtful accounts of $5,816 and $5,540 AccountsReceivableNetCurrent $254.07M USD Point-in-time
Trade receivables, less allowance for doubtful accounts of $5,816 and $5,540 AccountsReceivableNetCurrent $244.20M USD Point-in-time
Inventories (Note 4) InventoryNet $153.74M USD Point-in-time
Inventories (Note 4) InventoryNet $171.20M USD Point-in-time
Prepaid income taxes IncomeTaxesReceivable $31.45M USD Point-in-time
Prepaid income taxes IncomeTaxesReceivable $31.80M USD Point-in-time
Notes receivable, insurance companies (Note 19) NotesLoansandFinancingReceivableNetInsuranceCompaniesCurrent $17.33M USD Point-in-time
Notes receivable, insurance companies (Note 19) NotesLoansandFinancingReceivableNetInsuranceCompaniesCurrent $3.46M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $41.34M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $46.88M USD Point-in-time
Total current assets AssetsCurrent $632.29M USD Point-in-time
Total current assets AssetsCurrent $622.30M USD Point-in-time
Property, plant and equipment, net (Note 6) PropertyPlantAndEquipmentNet $154.85M USD Point-in-time
Property, plant and equipment, net (Note 6) PropertyPlantAndEquipmentNet $157.01M USD Point-in-time
Prepaid pension cost DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent $85.94M USD Point-in-time
Prepaid pension cost DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent $83.06M USD Point-in-time
Deferred tax assets (Note 11) DeferredTaxAssetsNet $26.65M USD Point-in-time
Deferred tax assets (Note 11) DeferredTaxAssetsNet $25.82M USD Point-in-time
Goodwill (Note 14) Goodwill $422.19M USD Point-in-time
Goodwill (Note 14) Goodwill $426.86M USD Point-in-time
Intangible assets (Note 14) FiniteLivedIntangibleAssetsNet $183.09M USD Point-in-time
Intangible assets (Note 14) FiniteLivedIntangibleAssetsNet $182.39M USD Point-in-time
Notes receivable, insurance companies, noncurrent (Note 19) NotesLoansandFinancingReceivableNetInsuranceCompaniesNoncurrent $59.57M USD Point-in-time
Notes receivable, insurance companies, noncurrent (Note 19) NotesLoansandFinancingReceivableNetInsuranceCompaniesNoncurrent $59.95M USD Point-in-time
Insurance receivable (Note 19) and other noncurrent assets OtherAssetsNoncurrent $131.79M USD Point-in-time
Insurance receivable (Note 19) and other noncurrent assets OtherAssetsNoncurrent $126.83M USD Point-in-time
Total assets Assets $1.70B USD Point-in-time
Total assets Assets $1.68B USD Point-in-time
Notes payable and current portion of long-term debt, net (Note 13) DebtCurrent $26.78M USD Point-in-time
Notes payable and current portion of long-term debt, net (Note 13) DebtCurrent $26.68M USD Point-in-time
Accounts payable AccountsPayableCurrent $87.06M USD Point-in-time
Accounts payable AccountsPayableCurrent $68.14M USD Point-in-time
Employees compensation EmployeeRelatedLiabilitiesCurrent $39.38M USD Point-in-time
Employees compensation EmployeeRelatedLiabilitiesCurrent $27.58M USD Point-in-time
Insurance and product liability (Note 19) LiabilityForClaimsAndClaimsAdjustmentExpense $67.12M USD Point-in-time
Insurance and product liability (Note 19) LiabilityForClaimsAndClaimsAdjustmentExpense $59.12M USD Point-in-time
Income taxes payable (Note 11) AccruedIncomeTaxesCurrent - USD Point-in-time
Income taxes payable (Note 11) AccruedIncomeTaxesCurrent $8.80M USD Point-in-time
Warranty reserve (Note 19) and other current liabilities OtherLiabilitiesCurrent $77.05M USD Point-in-time
Warranty reserve (Note 19) and other current liabilities OtherLiabilitiesCurrent $74.98M USD Point-in-time
Total current liabilities LiabilitiesCurrent $289.28M USD Point-in-time
Total current liabilities LiabilitiesCurrent $273.40M USD Point-in-time
Long-term debt, net (Note 13) LongTermDebtNoncurrent $441.43M USD Point-in-time
Long-term debt, net (Note 13) LongTermDebtNoncurrent $447.83M USD Point-in-time
Pensions and other employee benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $173.84M USD Point-in-time
Pensions and other employee benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $170.77M USD Point-in-time
Deferred tax liabilities (Note 11) DeferredIncomeTaxLiabilitiesNet $10.25M USD Point-in-time
Deferred tax liabilities (Note 11) DeferredIncomeTaxLiabilitiesNet $9.34M USD Point-in-time
Product liability (Note 19) and other noncurrent liabilities OtherLiabilitiesNoncurrent $165.02M USD Point-in-time
Product liability (Note 19) and other noncurrent liabilities OtherLiabilitiesNoncurrent $155.66M USD Point-in-time
Total liabilities Liabilities $1.05B USD Point-in-time
Total liabilities Liabilities $1.08B USD Point-in-time
Commitments and contingencies (Note 19) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 19) CommitmentsAndContingencies - USD Point-in-time
Preferred stock, 4 1/2% cumulative, $50 par value (Note 8) PreferredStockValueOutstanding $3.57M USD Point-in-time
Preferred stock, 4 1/2% cumulative, $50 par value (Note 8) PreferredStockValueOutstanding $3.57M USD Point-in-time
Common stock, no par value (Note 8) CommonStockValueOutstanding $200.00M USD Point-in-time
Common stock, no par value (Note 8) CommonStockValueOutstanding $194.95M USD Point-in-time
Treasury shares, at cost (Note 8) TreasuryStockValue $299.10M USD Point-in-time
Treasury shares, at cost (Note 8) TreasuryStockValue $297.83M USD Point-in-time
Accumulated other comprehensive loss (Note 7) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-156.20M USD Point-in-time
Accumulated other comprehensive loss (Note 7) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-171.76M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $887.66M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $868.67M USD Point-in-time
Total MSA Safety Incorporated shareholders' equity StockholdersEquity $635.92M USD Point-in-time
Total MSA Safety Incorporated shareholders' equity StockholdersEquity $597.60M USD Point-in-time
Noncontrolling interests MinorityInterest $4.98M USD Point-in-time
Noncontrolling interests MinorityInterest $5.26M USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $641.19M USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $602.58M USD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity $1.70B USD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity $1.68B USD Point-in-time
Income Statement 40 line items
Line Item Tag Value Unit Period
Net sales SalesRevenueNet $265.76M USD 1 Quarter
Net sales SalesRevenueNet $325.89M USD 1 Quarter
Cost of products sold CostOfGoodsSold $178.56M USD 1 Quarter
Cost of products sold CostOfGoodsSold $146.04M USD 1 Quarter
Gross profit GrossProfit $119.72M USD 1 Quarter
Gross profit GrossProfit $147.34M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $80.25M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $76.79M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $11.00M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $12.55M USD 1 Quarter
Restructuring charges (Note 5) RestructuringCharges $5.27M USD 1 Quarter
Restructuring charges (Note 5) RestructuringCharges $12.74M USD 1 Quarter
Currency exchange losses, net ForeignCurrencyTransactionGainLossBeforeTax $-2.01M USD 1 Quarter
Currency exchange losses, net ForeignCurrencyTransactionGainLossBeforeTax $-580.00K USD 1 Quarter
Other operating expense (Note 19) OtherCostAndExpenseOperating $2.82M USD 1 Quarter
Other operating expense (Note 19) OtherCostAndExpenseOperating - USD 1 Quarter
Operating income OperatingIncomeLoss $44.44M USD 1 Quarter
Operating income OperatingIncomeLoss $18.62M USD 1 Quarter
Interest expense InterestExpense $4.78M USD 1 Quarter
Interest expense InterestExpense $3.59M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $2.34M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $1.46M USD 1 Quarter
Total other expense, net NonoperatingIncomeExpense $-2.13M USD 1 Quarter
Total other expense, net NonoperatingIncomeExpense $-2.44M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $41.99M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $16.49M USD 1 Quarter
Provision for income taxes (Note 11) IncomeTaxExpenseBenefit $9.51M USD 1 Quarter
Provision for income taxes (Note 11) IncomeTaxExpenseBenefit $1.80M USD 1 Quarter
Net income ProfitLoss $32.49M USD 1 Quarter
Net income ProfitLoss $14.69M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $118.00K USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $277.00K USD 1 Quarter
Net income attributable to MSA Safety Incorporated NetIncomeLoss $14.41M USD 1 Quarter
Net income attributable to MSA Safety Incorporated NetIncomeLoss $32.37M USD 1 Quarter
Basic EarningsPerShareBasic $0.85 USD 1 Quarter
Basic EarningsPerShareBasic $0.38 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.83 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.37 USD 1 Quarter
Dividends per common share CommonStockDividendsPerShareCashPaid $0.35 USD 1 Quarter
Dividends per common share CommonStockDividendsPerShareCashPaid $0.33 USD 1 Quarter
Cash Flow Statement 69 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $14.69M USD 1 Quarter
Net income ProfitLoss $32.49M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $9.67M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $8.75M USD 1 Quarter
Restructuring charges (Note 5) OtherRestructuringCosts - USD 1 Quarter
Restructuring charges (Note 5) OtherRestructuringCosts $11.38M USD 1 Quarter
Stock-based compensation (Note 12) ShareBasedCompensation $6.33M USD 1 Quarter
Stock-based compensation (Note 12) ShareBasedCompensation $5.61M USD 1 Quarter
Pension expense (Note 16) PensionExpense $1.49M USD 1 Quarter
Pension expense (Note 16) PensionExpense $1.77M USD 1 Quarter
Deferred income tax (benefit) provision (Note 11) DeferredIncomeTaxExpenseBenefitIncludingDiscontinuedOperations $-600.00K USD 1 Quarter
Deferred income tax (benefit) provision (Note 11) DeferredIncomeTaxExpenseBenefitIncludingDiscontinuedOperations $171.00K USD 1 Quarter
Loss on asset dispositions, net GainLossOnSaleOfOtherAssets $-17.00K USD 1 Quarter
Loss on asset dispositions, net GainLossOnSaleOfOtherAssets $-32.00K USD 1 Quarter
Pension contributions (Note 16) PensionContributions $1.48M USD 1 Quarter
Pension contributions (Note 16) PensionContributions $1.24M USD 1 Quarter
Currency exchange losses, net ForeignCurrencyTransactionGainLossIncludingDiscontinuedOperationsbeforeTax $-2.01M USD 1 Quarter
Currency exchange losses, net ForeignCurrencyTransactionGainLossIncludingDiscontinuedOperationsbeforeTax $-580.00K USD 1 Quarter
Other operating expense (Note 19) OtherOperatingActivitiesCashFlowStatement $2.82M USD 1 Quarter
Other operating expense (Note 19) OtherOperatingActivitiesCashFlowStatement - USD 1 Quarter
Trade receivables IncreaseDecreaseInAccountsReceivable $6.86M USD 1 Quarter
Trade receivables IncreaseDecreaseInAccountsReceivable $-4.00M USD 1 Quarter
Inventories (Note 4) IncreaseDecreaseInInventories $14.51M USD 1 Quarter
Inventories (Note 4) IncreaseDecreaseInInventories $12.54M USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInOtherOperatingAssets $-13.92M USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInOtherOperatingAssets $-1.09M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-20.14M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-29.49M USD 1 Quarter
Other noncurrent assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $-81.75M USD 1 Quarter
Other noncurrent assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $-2.03M USD 1 Quarter
Cash Flow From Operating Activities NetCashProvidedByUsedInOperatingActivities $17.35M USD 1 Quarter
Cash Flow From Operating Activities NetCashProvidedByUsedInOperatingActivities $96.39M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $3.24M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $1.44M USD 1 Quarter
Property disposals and other investing PaymentsForProceedsFromOtherInvestingActivities $-58.00K USD 1 Quarter
Property disposals and other investing PaymentsForProceedsFromOtherInvestingActivities $-165.00K USD 1 Quarter
Cash Flow Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-3.18M USD 1 Quarter
Cash Flow Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-1.28M USD 1 Quarter
Proceeds from short-term debt, net ProceedsFromRepaymentsOfShortTermDebt $99.00K USD 1 Quarter
Proceeds from short-term debt, net ProceedsFromRepaymentsOfShortTermDebt $182.00K USD 1 Quarter
Proceeds from long-term debt (Note 13) ProceedsFromIssuanceOfLongTermDebt $137.50M USD 1 Quarter
Proceeds from long-term debt (Note 13) ProceedsFromIssuanceOfLongTermDebt $101.50M USD 1 Quarter
Payments on long-term debt (Note 13) RepaymentsOfLongTermDebt $147.00M USD 1 Quarter
Payments on long-term debt (Note 13) RepaymentsOfLongTermDebt $198.12M USD 1 Quarter
Cash dividends paid PaymentsOfDividends $13.39M USD 1 Quarter
Cash dividends paid PaymentsOfDividends $12.46M USD 1 Quarter
Company stock purchases (Note 8) PaymentsForRepurchaseOfEquity $3.81M USD 1 Quarter
Company stock purchases (Note 8) PaymentsForRepurchaseOfEquity $2.67M USD 1 Quarter
Exercise of stock options (Note 8) ProceedsFromStockOptionsExercised $848.00K USD 1 Quarter
Exercise of stock options (Note 8) ProceedsFromStockOptionsExercised $6.27M USD 1 Quarter
Cash Flow Used in Financing Activities NetCashProvidedByUsedInFinancingActivities $-24.62M USD 1 Quarter
Cash Flow Used in Financing Activities NetCashProvidedByUsedInFinancingActivities $-106.44M USD 1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashAndCashEquivalents $1.36M USD 1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash EffectOfExchangeRateOnCashAndCashEquivalents $1.62M USD 1 Quarter
Decrease in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-9.70M USD 1 Quarter
Decrease in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-9.08M USD 1 Quarter
Beginning cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $105.26M USD Point-in-time
Beginning cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $128.81M USD Point-in-time
Beginning cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $137.89M USD Point-in-time
Beginning cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $114.96M USD Point-in-time
Ending cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $105.26M USD Point-in-time
Ending cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $128.81M USD Point-in-time
Ending cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $137.89M USD Point-in-time
Ending cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $114.96M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $104.43M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $134.24M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $124.88M USD Point-in-time
Restricted cash included in prepaid expenses and other current assets RestrictedCashCurrentAssetsIncludedinPrepaidExpensesandOtherCurrentAssets $837.00K USD Point-in-time
Restricted cash included in prepaid expenses and other current assets RestrictedCashCurrentAssetsIncludedinPrepaidExpensesandOtherCurrentAssets $3.92M USD Point-in-time
Comprehensive Income 14 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $14.69M USD 1 Quarter
Net income ProfitLoss $32.49M USD 1 Quarter
Foreign currency translation adjustments (Note 7) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $13.40M USD 1 Quarter
Foreign currency translation adjustments (Note 7) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $10.74M USD 1 Quarter
Pension and post-retirement plan actuarial gains, net of tax (Note 7) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-2.33M USD 1 Quarter
Pension and post-retirement plan actuarial gains, net of tax (Note 7) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.98M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $15.73M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $12.73M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $27.42M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $48.22M USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $288.00K USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-349.00K USD 1 Quarter
Comprehensive income attributable to MSA Safety Incorporated ComprehensiveIncomeNetOfTax $27.77M USD 1 Quarter
Comprehensive income attributable to MSA Safety Incorporated ComprehensiveIncomeNetOfTax $47.93M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...