10-Q Filing

AMERICAN WOODMARK CORP CIK: 794619 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0000794619-15-000178`
Period End Date	20150731
Filing Date	20150828
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	amwd-20150731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 32 Cash Flow Statement 66 Comprehensive Income 8

Balance Sheet 72 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$135.70M	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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$149.54M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$153.02M	USD	Point-in-time
Common stock, no par value	`CommonStockNoParValue`	-	USD	Point-in-time
Investments - certificates of deposit	`CertificatesOfDepositAtCarryingValue`	$37.75M	USD	Point-in-time
Investments - certificates of deposit	`CertificatesOfDepositAtCarryingValue`	$35.50M	USD	Point-in-time
Common stock, no par value	`CommonStockNoParValue`	-	USD	Point-in-time
Customer receivables, net	`AccountsReceivableNetCurrent`	$53.11M	USD	Point-in-time
Customer receivables, net	`AccountsReceivableNetCurrent`	$46.14M	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`	$35.99M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	16.08M	shares	Point-in-time
Inventories	`InventoryNet`	$37.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	16.26M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$3.82M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	16.26M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	16.08M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$4.76M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$10.59M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$9.57M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$295.29M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$281.50M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$85.52M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$94.39M	USD	Point-in-time
Promotional displays, net	`PromotionalDisplaysNet`	$5.53M	USD	Point-in-time
Promotional displays, net	`PromotionalDisplaysNet`	$4.35M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$23.82M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$23.55M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.83M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.72M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$422.59M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$398.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$34.83M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$34.29M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$1.46M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$1.51M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$30.12M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$27.17M	USD	Point-in-time
Accrued marketing expenses	`AccruedMarketingCostsCurrent`	$8.00M	USD	Point-in-time
Accrued marketing expenses	`AccruedMarketingCostsCurrent`	$6.47M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$1.79M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$7.49M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$11.06M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$10.66M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$90.07M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$84.79M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$21.29M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$21.50M	USD	Point-in-time
Defined benefit pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$61.33M	USD	Point-in-time
Defined benefit pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$60.25M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.45M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.73M	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, 2015: 16,263,209; at April 30, 2015: 16,079,671	`CommonStockValue`	$155.58M	USD	Point-in-time
Common stock, no par value; 40,000,000 shares authorized; issued and outstanding shares at July 31, 2015: 16,263,209; at April 30, 2015: 16,079,671	`CommonStockValue`	$150.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$120.70M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$134.33M	USD	Point-in-time
Defined benefit pension plans	`AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax`	$40.86M	USD	Point-in-time
Defined benefit pension plans	`AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax`	$40.64M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$249.26M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$229.84M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$398.90M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$422.59M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$231.20M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$211.92M	USD	1 Quarter
Cost of sales and distribution	`CostOfGoodsAndServicesSold`	$181.03M	USD	1 Quarter
Cost of sales and distribution	`CostOfGoodsAndServicesSold`	$174.80M	USD	1 Quarter
Gross Profit	`GrossProfit`	$37.11M	USD	1 Quarter
Gross Profit	`GrossProfit`	$50.17M	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$15.52M	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$15.72M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$8.41M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$10.73M	USD	1 Quarter
Restructuring charges, net	`RestructuringCharges`	-	USD	1 Quarter
Restructuring charges, net	`RestructuringCharges`	$3.00K	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$13.19M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$23.72M	USD	1 Quarter
Interest expense	`InterestExpense`	$164.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$54.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$33.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$52.00K	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$13.05M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$23.72M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.82M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$8.56M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$15.16M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$9.24M	USD	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.18M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	15.53M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	15.77M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.42M	shares	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$0.94	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$0.59	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.59	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.92	USD	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$15.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.24M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.56M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.68M	USD	1 Quarter
Net (gain) loss on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-9.00K	USD	1 Quarter
Net (gain) loss on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-9.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$943.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$963.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.39M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$597.00K	USD	1 Quarter
Pension contributions in excess of expense	`PensionContributionsInExcessOfPensionExpense`	$587.00K	USD	1 Quarter
Pension contributions in excess of expense	`PensionContributionsInExcessOfPensionExpense`	$723.00K	USD	1 Quarter
Tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$2.30M	USD	1 Quarter
Tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$5.00K	USD	1 Quarter
Contributions of employer stock to employee benefit plan	`EmployeeBenefitPlanStockExpense`	$1.76M	USD	1 Quarter
Contributions of employer stock to employee benefit plan	`EmployeeBenefitPlanStockExpense`	$2.16M	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$2.91M	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$1.30M	USD	1 Quarter
Customer receivables	`IncreaseDecreaseInAccountsReceivable`	$5.13M	USD	1 Quarter
Customer receivables	`IncreaseDecreaseInAccountsReceivable`	$7.14M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$1.04M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$4.00M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-641.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-428.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.42M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$543.00K	USD	1 Quarter
Accrued compensation and related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-3.55M	USD	1 Quarter
Accrued compensation and related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.95M	USD	1 Quarter
Increase (Decrease) in Income Taxes Payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$3.02M	USD	1 Quarter
Increase (Decrease) in Income Taxes Payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.70M	USD	1 Quarter
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$1.13M	USD	1 Quarter
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$2.57M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$15.02M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$9.27M	USD	1 Quarter
Payments to acquire property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.48M	USD	1 Quarter
Payments to acquire property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.13M	USD	1 Quarter
Proceeds from sales of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.00K	USD	1 Quarter
Proceeds from sales of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$82.00K	USD	1 Quarter
Investment in certificates of deposit, net	`PaymentsToAcquireShortTermInvestments`	-	USD	1 Quarter
Investment in certificates of deposit, net	`PaymentsToAcquireShortTermInvestments`	$2.25M	USD	1 Quarter
Investment in promotional displays	`PaymentsToAcquireOtherProductiveAssets`	$802.00K	USD	1 Quarter
Investment in promotional displays	`PaymentsToAcquireOtherProductiveAssets`	$1.99M	USD	1 Quarter
Net Cash Used by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.27M	USD	1 Quarter
Net Cash Used by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.29M	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$282.00K	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$370.00K	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.56M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$600.00K	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.77M	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`	$42.00K	USD	1 Quarter
Tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.30M	USD	1 Quarter
Tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$5.00K	USD	1 Quarter
Net Cash Provided (Used) by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$3.76M	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`	$3.48M	USD	1 Quarter
Cash And Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$135.70M	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`	$149.54M	USD	Point-in-time
Cash And Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$153.02M	USD	Point-in-time
Cash And Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$135.70M	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`	$149.54M	USD	Point-in-time
Cash And Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$153.02M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$15.16M	USD	1 Quarter
Other comprehensive income, deferred tax	`OtherComprehensiveIncomeLossTax`	$138.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.24M	USD	1 Quarter
Other comprehensive income, deferred tax	`OtherComprehensiveIncomeLossTax`	$84.00K	USD	1 Quarter
Change in pension benefits, net of deferred tax of $(138) and $(84), respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-132.00K	USD	1 Quarter
Change in pension benefits, net of deferred tax of $(138) and $(84), respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-216.00K	USD	1 Quarter
Total Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$9.37M	USD	1 Quarter
Total Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$15.37M	USD	1 Quarter

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