10-Q Filing

AMERICAN WOODMARK CORP CIK: 794619 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0000794619-17-000121`
Period End Date	20170731
Filing Date	20170830
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	amwd-20170731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 30 Cash Flow Statement 68 Comprehensive Income 8

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value (in usd per share)	`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`	$176.98M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$174.46M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$175.60M	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`	$162.56M	USD	Point-in-time
Common stock, no par value (in usd per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Investments - certificates of deposit	`CertificatesOfDepositAtCarryingValue`	$51.75M	USD	Point-in-time
Investments - certificates of deposit	`CertificatesOfDepositAtCarryingValue`	$54.75M	USD	Point-in-time
Common stock, no par value (in usd per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Customer receivables, net	`AccountsReceivableNetCurrent`	$62.77M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Customer receivables, net	`AccountsReceivableNetCurrent`	$63.12M	USD	Point-in-time
Inventories	`InventoryNet`	$44.48M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	16.29M	shares	Point-in-time
Inventories	`InventoryNet`	$42.86M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	16.23M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$4.83M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	16.23M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$4.53M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	16.29M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$339.23M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$342.42M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$107.93M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$115.43M	USD	Point-in-time
Investments - certificates of deposit	`CertificatesofDepositNoncurrent`	$20.50M	USD	Point-in-time
Investments - certificates of deposit	`CertificatesofDepositNoncurrent`	$27.00M	USD	Point-in-time
Promotional displays, net	`PromotionalDisplaysNet`	$5.78M	USD	Point-in-time
Promotional displays, net	`PromotionalDisplaysNet`	$5.75M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$16.46M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$18.05M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$10.12M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$9.82M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$501.27M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$517.21M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$40.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$41.31M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$1.69M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$1.60M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$28.61M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$36.16M	USD	Point-in-time
Accrued marketing expenses	`AccruedMarketingCostsCurrent`	$9.46M	USD	Point-in-time
Accrued marketing expenses	`AccruedMarketingCostsCurrent`	$8.65M	USD	Point-in-time
Taxes Payable, Current	`TaxesPayableCurrent`	$6.29M	USD	Point-in-time
Taxes Payable, Current	`TaxesPayableCurrent`	-	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$13.77M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$12.21M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$101.50M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$99.16M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$15.28M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$16.21M	USD	Point-in-time
Defined benefit pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$25.79M	USD	Point-in-time
Defined benefit pension liabilities	`DefinedBenefitPensionPlanLiabilitiesNoncurrent`	$28.03M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$4.02M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$3.62M	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 October 31, 2016: 16,266,189; at April 30, 2016: 16,244,041	`CommonStockValue`	$168.84M	USD	Point-in-time
Common stock, no par value; 40,000,000 shares authorized; issued and outstanding shares at October 31, 2016: 16,266,189; at April 30, 2016: 16,244,041	`CommonStockValue`	$171.37M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$241.23M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$224.03M	USD	Point-in-time
Defined benefit pension plans	`AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax`	$40.17M	USD	Point-in-time
Defined benefit pension plans	`AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax`	$40.42M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$352.45M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$372.42M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$501.27M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$517.21M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$258.15M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$276.83M	USD	1 Quarter
Cost of sales and distribution	`CostOfGoodsAndServicesSold`	$198.83M	USD	1 Quarter
Cost of sales and distribution	`CostOfGoodsAndServicesSold`	$218.33M	USD	1 Quarter
Gross Profit	`GrossProfit`	$59.32M	USD	1 Quarter
Gross Profit	`GrossProfit`	$58.49M	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$18.15M	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$16.46M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$10.93M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$9.51M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$30.83M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$31.92M	USD	1 Quarter
Interest expense	`InterestExpense`	$81.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$159.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$197.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$619.00K	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$31.96M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$31.37M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$10.30M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$9.09M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$21.66M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$22.28M	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.27M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	16.26M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.36M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	16.38M	shares	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.37	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.33	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.36	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.32	USD	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Payments to Acquire Other Investments	`PaymentsToAcquireOtherInvestments`	$42.50M	USD	1 Quarter
Payments to Acquire Other Investments	`PaymentsToAcquireOtherInvestments`	$17.25M	USD	1 Quarter
Net income	`NetIncomeLoss`	$21.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.28M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$5.54M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.50M	USD	1 Quarter
Net loss on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-136.00K	USD	1 Quarter
Net loss on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-32.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$945.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$846.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.65M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.90M	USD	1 Quarter
Pension contributions in excess of expense	`PensionContributionsInExcessOfPensionExpense`	$1.16M	USD	1 Quarter
Pension contributions in excess of expense	`PensionContributionsInExcessOfPensionExpense`	$1.84M	USD	1 Quarter
Contributions of employer stock to employee benefit plan	`EmployeeBenefitPlanStockExpense`	$2.93M	USD	1 Quarter
Contributions of employer stock to employee benefit plan	`EmployeeBenefitPlanStockExpense`	$3.55M	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$258.00K	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$152.00K	USD	1 Quarter
Customer receivables	`IncreaseDecreaseInAccountsReceivable`	$-406.00K	USD	1 Quarter
Customer receivables	`IncreaseDecreaseInAccountsReceivable`	$1.91M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$720.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$1.83M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-617.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.26M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.91M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-410.00K	USD	1 Quarter
Accrued compensation and related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-7.26M	USD	1 Quarter
Accrued compensation and related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-7.56M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$7.20M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$6.29M	USD	1 Quarter
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$462.00K	USD	1 Quarter
Other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-976.00K	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$26.57M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$32.95M	USD	1 Quarter
Payments to acquire property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.23M	USD	1 Quarter
Payments to acquire property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.64M	USD	1 Quarter
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.00K	USD	1 Quarter
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.00K	USD	1 Quarter
Proceeds from Maturities, Prepayments and Calls of Other Investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments`	$7.50M	USD	1 Quarter
Proceeds from Maturities, Prepayments and Calls of Other Investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments`	$7.75M	USD	1 Quarter
Investment in promotional displays	`PaymentsToAcquireOtherProductiveAssets`	$1.35M	USD	1 Quarter
Investment in promotional displays	`PaymentsToAcquireOtherProductiveAssets`	$1.04M	USD	1 Quarter
Net Cash Used by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-40.57M	USD	1 Quarter
Net Cash Used by Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-21.18M	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$426.00K	USD	1 Quarter
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$455.00K	USD	1 Quarter
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$750.00K	USD	1 Quarter
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$734.00K	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.26M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.02M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$5.10M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$5.56M	USD	1 Quarter
Notes receivable, net	`ProceedsfromRepaymentsofNotesReceivable`	-	USD	1 Quarter
Notes receivable, net	`ProceedsfromRepaymentsofNotesReceivable`	$167.00K	USD	1 Quarter
Payments Related to Tax Withholding for Share-based Compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.69M	USD	1 Quarter
Payments Related to Tax Withholding for Share-based Compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.75M	USD	1 Quarter
Net Cash Used by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.28M	USD	1 Quarter
Net Cash Used by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.77M	USD	1 Quarter
Net Decrease in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-11.90M	USD	1 Quarter
Net Decrease in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.38M	USD	1 Quarter
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$176.98M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$174.46M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$175.60M	USD	Point-in-time
Cash and Cash Equivalents, Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$162.56M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$176.98M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$174.46M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$175.60M	USD	Point-in-time
Cash and Cash Equivalents, End of Period	`CashAndCashEquivalentsAtCarryingValue`	$162.56M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$21.66M	USD	1 Quarter
Other comprehensive income, deferred tax	`OtherComprehensiveIncomeLossTax`	$-156.00K	USD	1 Quarter
Other comprehensive income, deferred tax	`OtherComprehensiveIncomeLossTax`	$-173.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.28M	USD	1 Quarter
Change in pension benefits, net of deferred taxes of $(156) and $(173), respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-244.00K	USD	1 Quarter
Change in pension benefits, net of deferred taxes of $(156) and $(173), respectively	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-270.00K	USD	1 Quarter
Total Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$22.52M	USD	1 Quarter
Total Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$21.93M	USD	1 Quarter

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