10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000815556-13-000024 |
| Period End Date | 20130331 |
| Filing Date | 20130415 |
| Fiscal Year | 2013 |
| Fiscal Period | Q1 |
| XBRL Instance | fast-20130331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Trade accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$6.73M | USD | Point-in-time |
| Trade accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$6.73M | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
400.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$159.24M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
400.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$79.61M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$117.68M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$198.88M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
400.00M | shares | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesCurrent
|
$417.00K | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
296.69M | shares | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesCurrent
|
$354.00K | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
296.07M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
296.56M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
296.56M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
296.07M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
296.69M | shares | Point-in-time |
| Trade accounts receivable, net of allowance for doubtful accounts of $6,728 |
AccountsReceivableNetCurrent
|
$418.73M | USD | Point-in-time |
| Trade accounts receivable, net of allowance for doubtful accounts of $6,728 |
AccountsReceivableNetCurrent
|
$372.16M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$715.38M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$700.48M | USD | Point-in-time |
| Deferred income tax assets |
DeferredTaxAssetsNetCurrent
|
$14.08M | USD | Point-in-time |
| Deferred income tax assets |
DeferredTaxAssetsNetCurrent
|
$14.42M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$83.88M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$97.36M | USD | Point-in-time |
| Prepaid income taxes |
PrepaidTaxes
|
$7.37M | USD | Point-in-time |
| Prepaid income taxes |
PrepaidTaxes
|
- | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.29B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.38B | USD | Point-in-time |
| Property and equipment, less accumulated depreciation |
PropertyPlantAndEquipmentNet
|
$516.43M | USD | Point-in-time |
| Property and equipment, less accumulated depreciation |
PropertyPlantAndEquipmentNet
|
$555.73M | USD | Point-in-time |
| Other assets, net |
OtherAssetsNoncurrent
|
$12.73M | USD | Point-in-time |
| Other assets, net |
OtherAssetsNoncurrent
|
$12.75M | USD | Point-in-time |
| Total assets |
Assets
|
$1.95B | USD | Point-in-time |
| Total assets |
Assets
|
$1.82B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$75.33M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$78.02M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$126.16M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$126.09M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$51.68M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
- | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$253.10M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$204.17M | USD | Point-in-time |
| Deferred income tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$51.34M | USD | Point-in-time |
| Deferred income tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$51.30M | USD | Point-in-time |
| Preferred stock, 5,000,000 shares authorized |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, 5,000,000 shares authorized |
PreferredStockValue
|
- | USD | Point-in-time |
| Common stock, 400,000,000 shares authorized, 296,686,427 and 296,564,382 shares issued and outstanding, respectively |
CommonStockValue
|
$2.97M | USD | Point-in-time |
| Common stock, 400,000,000 shares authorized, 296,686,427 and 296,564,382 shares issued and outstanding, respectively |
CommonStockValue
|
$2.97M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$61.44M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$66.56M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.56B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.48B | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$18.36M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$14.35M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$1.56B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$1.64B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.95B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.82B | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$768.88M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$806.33M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$384.45M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$374.70M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$421.88M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$394.18M | USD | 1 Quarter |
| Operating and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$247.33M | USD | 1 Quarter |
| Operating and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$232.97M | USD | 1 Quarter |
| (Gain) loss on sale of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$-174.00K | USD | 1 Quarter |
| (Gain) loss on sale of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$213.00K | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$161.03M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$174.76M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$447.00K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$96.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$34.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
- | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$161.13M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$175.17M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$60.94M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$66.12M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$109.05M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$100.19M | USD | 1 Quarter |
| Basic net earnings per share |
EarningsPerShareBasic
|
$0.37 | USD | 1 Quarter |
| Basic net earnings per share |
EarningsPerShareBasic
|
$0.34 | USD | 1 Quarter |
| Diluted net earnings per share |
EarningsPerShareDiluted
|
$0.37 | USD | 1 Quarter |
| Diluted net earnings per share |
EarningsPerShareDiluted
|
$0.34 | USD | 1 Quarter |
| Basic weighted average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
295.54M | shares | 1 Quarter |
| Basic weighted average shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
296.64M | shares | 1 Quarter |
| Diluted weighted average shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
296.93M | shares | 1 Quarter |
| Diluted weighted average shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
297.65M | shares | 1 Quarter |
Cash Flow Statement
70 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$109.05M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$100.19M | USD | 1 Quarter |
| Depreciation of property and equipment |
Depreciation
|
$12.41M | USD | 1 Quarter |
| Depreciation of property and equipment |
Depreciation
|
$15.15M | USD | 1 Quarter |
| (Gain) loss on sale of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$-174.00K | USD | 1 Quarter |
| (Gain) loss on sale of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$213.00K | USD | 1 Quarter |
| Bad debt expense |
ProvisionForDoubtfulAccounts
|
$2.33M | USD | 1 Quarter |
| Bad debt expense |
ProvisionForDoubtfulAccounts
|
$2.04M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$379.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$1.86M | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$1.05M | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$1.35M | USD | 1 Quarter |
| Excess tax benefits from stock based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$954.00K | USD | 1 Quarter |
| Excess tax benefits from stock based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
- | USD | 1 Quarter |
| Amortization of non-compete agreements |
AmortizationOfIntangibleAssets
|
$26.00K | USD | 1 Quarter |
| Amortization of non-compete agreements |
AmortizationOfIntangibleAssets
|
$148.00K | USD | 1 Quarter |
| Trade accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$48.62M | USD | 1 Quarter |
| Trade accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$50.62M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-14.90M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$1.73M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$-13.48M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$-15.54M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-2.69M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$2.33M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-64.00K | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$1.13M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$44.94M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$60.00M | USD | 1 Quarter |
| Other |
IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeNet
|
$3.59M | USD | 1 Quarter |
| Other |
IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeNet
|
$-2.42M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$132.19M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$160.24M | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$55.51M | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$28.21M | USD | 1 Quarter |
| Proceeds from sale of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$1.27M | USD | 1 Quarter |
| Proceeds from sale of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$985.00K | USD | 1 Quarter |
| Net increase in marketable securities |
PaymentsForProceedsFromInvestments
|
$63.00K | USD | 1 Quarter |
| Net increase in marketable securities |
PaymentsForProceedsFromInvestments
|
$29.00K | USD | 1 Quarter |
| Increase in other assets |
PaymentsForProceedsFromOtherInvestingActivities
|
$57.00K | USD | 1 Quarter |
| Increase in other assets |
PaymentsForProceedsFromOtherInvestingActivities
|
$3.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-54.31M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-27.31M | USD | 1 Quarter |
| Proceeds from Unsecured Lines of Credit |
ProceedsFromUnsecuredLinesOfCredit
|
$20.00M | USD | 1 Quarter |
| Borrowings under line of credit |
ProceedsFromLinesOfCredit
|
- | USD | 1 Quarter |
| Payments against line of credit |
RepaymentsOfLinesOfCredit
|
- | USD | 1 Quarter |
| Payments against line of credit |
RepaymentsOfLinesOfCredit
|
$20.00M | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$2.82M | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$18.29M | USD | 1 Quarter |
| Excess tax benefits from stock based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$954.00K | USD | 1 Quarter |
| Excess tax benefits from stock based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$7.70M | USD | 1 Quarter |
| Payment of dividends |
PaymentsOfDividends
|
$50.20M | USD | 1 Quarter |
| Payment of dividends |
PaymentsOfDividends
|
$29.66M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-25.89M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-24.21M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$542.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-416.00K | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$81.20M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$79.63M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$159.24M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$79.61M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$117.68M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$198.88M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$159.24M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$79.61M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$117.68M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$198.88M | USD | Point-in-time |
| Cash paid during each period for interest |
InterestPaid
|
$34.00K | USD | 1 Quarter |
| Cash paid during each period for interest |
InterestPaid
|
- | USD | 1 Quarter |
| Cash paid during each period for income taxes |
IncomeTaxesPaid
|
$6.50M | USD | 1 Quarter |
| Cash paid during each period for income taxes |
IncomeTaxesPaid
|
$21.83M | USD | 1 Quarter |
Comprehensive Income
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Foreign currency translation adjustments, tax |
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
- | USD | 1 Quarter |
| Foreign currency translation adjustments, tax |
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
- | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$109.05M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$100.19M | USD | 1 Quarter |
| Change in marketable securities, tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
- | USD | 1 Quarter |
| Change in marketable securities, tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
- | USD | 1 Quarter |
| Foreign currency translation adjustments (net of tax of $0 in 2013 and 2012) |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$2.94M | USD | 1 Quarter |
| Foreign currency translation adjustments (net of tax of $0 in 2013 and 2012) |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-4.07M | USD | 1 Quarter |
| Change in marketable securities (net of tax of $0 in 2013 and 2012) |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$23.00K | USD | 1 Quarter |
| Change in marketable securities (net of tax of $0 in 2013 and 2012) |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$63.00K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$105.04M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$103.16M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.