10-Q Filing

AMERICAN WOODMARK CORP CIK: 794619 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0000794619-14-000035`
Period End Date	20140731
Filing Date	20140829
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	amwd-20140731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 34 Cash Flow Statement 64 Comprehensive Income 8

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$100.44M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$96.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$138.12M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$135.70M	USD	Point-in-time
Customer receivables, net	`AccountsReceivableNetCurrent`	$51.37M	USD	Point-in-time
Common stock, no par value	`CommonStockNoParValue`	-	USD	Point-in-time
Customer receivables, net	`AccountsReceivableNetCurrent`	$46.48M	USD	Point-in-time
Common stock, no par value	`CommonStockNoParValue`	-	USD	Point-in-time
Inventories	`InventoryNet`	$35.46M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Inventories	`InventoryNet`	$31.52M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$3.86M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$2.97M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	15.51M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	15.48M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$7.86M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	15.48M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$7.90M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	15.51M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$235.83M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$225.42M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$74.05M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$74.53M	USD	Point-in-time
Promotional displays, net	`PromotionalDisplaysNet`	$5.57M	USD	Point-in-time
Promotional displays, net	`PromotionalDisplaysNet`	$5.42M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$19.19M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$19.07M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.83M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.60M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$330.06M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$340.45M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$29.18M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$31.59M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$1.27M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$1.15M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$28.16M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$24.61M	USD	Point-in-time
Accrued marketing expenses	`AccruedMarketingCostsCurrent`	$8.62M	USD	Point-in-time
Accrued marketing expenses	`AccruedMarketingCostsCurrent`	$8.09M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$13.26M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$9.85M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$79.35M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$76.42M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$20.45M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$20.46M	USD	Point-in-time
Defined benefit pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$40.74M	USD	Point-in-time
Defined benefit pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$41.54M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.10M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.16M	USD	Point-in-time
Preferred stock, $1.00 par value; 2,000,000 shares authorized, none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $1.00 par value; 2,000,000 shares authorized, none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, no par value; 40,000,000 shares authorized; issued and outstanding shares: at July 31, 2014: 15,509,230; at April 30, 2014: 15,476,298	`CommonStockValue`	$127.37M	USD	Point-in-time
Common stock, no par value; 40,000,000 shares authorized; issued and outstanding shares: at July 31, 2014: 15,509,230; at April 30, 2014: 15,476,298	`CommonStockValue`	$129.40M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$95.20M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$89.15M	USD	Point-in-time
Defined benefit pension plans	`AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax`	$25.98M	USD	Point-in-time
Defined benefit pension plans	`AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax`	$25.85M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$198.75M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$190.54M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$340.45M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$330.06M	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$178.09M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$211.92M	USD	1 Quarter
Cost of sales and distribution	`CostOfGoodsAndServicesSold`	$174.80M	USD	1 Quarter
Cost of sales and distribution	`CostOfGoodsAndServicesSold`	$144.38M	USD	1 Quarter
Gross Profit	`GrossProfit`	$37.11M	USD	1 Quarter
Gross Profit	`GrossProfit`	$33.72M	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$15.52M	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$14.48M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$8.41M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$8.40M	USD	1 Quarter
Restructuring charges, net	`RestructuringCharges`	$3.00K	USD	1 Quarter
Restructuring charges, net	`RestructuringCharges`	$82.00K	USD	1 Quarter
Insurance proceeds	`InsuranceRecoveries`	$94.00K	USD	1 Quarter
Insurance proceeds	`InsuranceRecoveries`	-	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$10.84M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$13.19M	USD	1 Quarter
Interest expense	`InterestExpense`	$186.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$164.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$26.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$33.00K	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$13.05M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$10.68M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.82M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.03M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$6.66M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$9.24M	USD	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	15.53M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.95M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	15.37M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	15.77M	shares	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$0.59	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.59	USD	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$6.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.24M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.68M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.54M	USD	1 Quarter
Net (gain) loss on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$27.00K	USD	1 Quarter
Net (gain) loss on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-9.00K	USD	1 Quarter
Gain on insurance recoveries	`InsuranceRecoveries`	$94.00K	USD	1 Quarter
Gain on insurance recoveries	`InsuranceRecoveries`	-	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$861.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$943.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.44M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$597.00K	USD	1 Quarter
Pension contributions in excess of expense	`PensionContributionsInExcessOfPensionExpense`	$398.00K	USD	1 Quarter
Pension contributions in excess of expense	`PensionContributionsInExcessOfPensionExpense`	$587.00K	USD	1 Quarter
Tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$5.00K	USD	1 Quarter
Tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$197.00K	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$-860.00K	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$319.00K	USD	1 Quarter
Customer receivables	`IncreaseDecreaseInAccountsReceivable`	$5.13M	USD	1 Quarter
Customer receivables	`IncreaseDecreaseInAccountsReceivable`	$6.44M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$1.50M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$4.00M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-191.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-641.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$443.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.42M	USD	1 Quarter
Accrued compensation and related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-3.55M	USD	1 Quarter
Accrued compensation and related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-4.69M	USD	1 Quarter
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$4.14M	USD	1 Quarter
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$2.80M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$2.26M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$9.27M	USD	1 Quarter
Payments to acquire property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.85M	USD	1 Quarter
Payments to acquire property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.48M	USD	1 Quarter
Proceeds from sales of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$50.00K	USD	1 Quarter
Proceeds from sales of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.00K	USD	1 Quarter
Proceeds from insurance recoveries	`ProceedsFromInsuranceRecoveries`	-	USD	1 Quarter
Proceeds from insurance recoveries	`ProceedsFromInsuranceRecoveries`	$94.00K	USD	1 Quarter
Investment in promotional displays	`PaymentsToAcquireOtherProductiveAssets`	$802.00K	USD	1 Quarter
Investment in promotional displays	`PaymentsToAcquireOtherProductiveAssets`	$1.24M	USD	1 Quarter
Net Cash Used by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.95M	USD	1 Quarter
Net Cash Used by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.27M	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$282.00K	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$224.00K	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$600.00K	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$4.19M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$4.06M	USD	1 Quarter
Notes receivable, net	`ProceedsfromRepaymentsofNotesReceivable`	$167.00K	USD	1 Quarter
Notes receivable, net	`ProceedsfromRepaymentsofNotesReceivable`	-	USD	1 Quarter
Tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$5.00K	USD	1 Quarter
Tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$197.00K	USD	1 Quarter
Net Cash Provided (Used) by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$4.16M	USD	1 Quarter
Net Cash Provided (Used) by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.57M	USD	1 Quarter
Net Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.42M	USD	1 Quarter
Net Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.47M	USD	1 Quarter
Cash And Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$100.44M	USD	Point-in-time
Cash And Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$96.97M	USD	Point-in-time
Cash And Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$138.12M	USD	Point-in-time
Cash And Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$135.70M	USD	Point-in-time
Cash And Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$100.44M	USD	Point-in-time
Cash And Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$96.97M	USD	Point-in-time
Cash And Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$138.12M	USD	Point-in-time
Cash And Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$135.70M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Other comprehensive income, deferred tax	`OtherComprehensiveIncomeLossTax`	$110.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.66M	USD	1 Quarter
Other comprehensive income, deferred tax	`OtherComprehensiveIncomeLossTax`	$84.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.24M	USD	1 Quarter
Change in pension benefits, net of deferred tax of $(84) and $(110), respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-132.00K	USD	1 Quarter
Change in pension benefits, net of deferred tax of $(84) and $(110), respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-172.00K	USD	1 Quarter
Total Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$9.37M	USD	1 Quarter
Total Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$6.83M	USD	1 Quarter

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