10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000815556-17-000021 |
| Period End Date | 20170331 |
| Filing Date | 20170417 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | fast-20170331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
66 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Trade accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$11.50M | USD | Point-in-time |
| Trade accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$11.20M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$112.70M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$129.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$134.30M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$150.60M | USD | Point-in-time |
| Trade accounts receivable, net of allowance for doubtful accounts of $11.5 and $11.2, respectively |
AccountsReceivableNetCurrent
|
$499.70M | USD | Point-in-time |
| Par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Trade accounts receivable, net of allowance for doubtful accounts of $11.5 and $11.2, respectively |
AccountsReceivableNetCurrent
|
$574.70M | USD | Point-in-time |
| Par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Inventories |
InventoryNet
|
$993.00M | USD | Point-in-time |
| Authorized (in shares) |
PreferredStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Authorized (in shares) |
PreferredStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$1.01B | USD | Point-in-time |
| Prepaid income taxes |
PrepaidTaxes
|
- | USD | Point-in-time |
| Prepaid income taxes |
PrepaidTaxes
|
$12.90M | USD | Point-in-time |
| Issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$94.30M | USD | Point-in-time |
| Outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$102.50M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.81B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.72B | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$899.70M | USD | Point-in-time |
| Par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$890.70M | USD | Point-in-time |
| Authorized (in shares) |
CommonStockSharesAuthorized
|
400.00M | shares | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$48.40M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$85.00M | USD | Point-in-time |
| Authorized (in shares) |
CommonStockSharesAuthorized
|
400.00M | shares | Point-in-time |
| Total assets |
Assets
|
$2.79B | USD | Point-in-time |
| Issued (in shares) |
CommonStockSharesIssued
|
289.26M | shares | Point-in-time |
| Total assets |
Assets
|
$2.67B | USD | Point-in-time |
| Issued (in shares) |
CommonStockSharesIssued
|
289.16M | shares | Point-in-time |
| Outstanding (in shares) |
CommonStockSharesOutstanding
|
289.26M | shares | Point-in-time |
| Outstanding (in shares) |
CommonStockSharesOutstanding
|
289.16M | shares | Point-in-time |
| Current portion of debt |
LongTermDebtCurrent
|
$10.50M | USD | Point-in-time |
| Current portion of debt |
LongTermDebtCurrent
|
$10.90M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$129.70M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$108.80M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$156.40M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$163.50M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$65.50M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
- | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$369.60M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$275.70M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$354.10M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$379.50M | USD | Point-in-time |
| Deferred income tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$81.00M | USD | Point-in-time |
| Deferred income tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$80.60M | USD | Point-in-time |
| Preferred stock, $0.01 par value, 5,000,000 shares authorized; no shares issued or outstanding |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, $0.01 par value, 5,000,000 shares authorized; no shares issued or outstanding |
PreferredStockValue
|
- | USD | Point-in-time |
| Common stock, $0.01 par value, 400,000,000 shares authorized; 289,263,924 and 289,161,924 shares issued and outstanding, respectively |
CommonStockValue
|
$2.90M | USD | Point-in-time |
| Common stock, $0.01 par value, 400,000,000 shares authorized; 289,263,924 and 289,161,924 shares issued and outstanding, respectively |
CommonStockValue
|
$2.90M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$41.50M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$37.40M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.94B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.98B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-44.40M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-47.30M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$1.98B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$1.93B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$2.79B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$2.67B | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$986.70M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$1.05B | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$529.70M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$495.20M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$518.00M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$491.50M | USD | 1 Quarter |
| Operating and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$305.90M | USD | 1 Quarter |
| Operating and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$290.20M | USD | 1 Quarter |
| (Gain) loss on sale of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$-100.00K | USD | 1 Quarter |
| (Gain) loss on sale of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$400.00K | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$201.20M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$212.50M | USD | 1 Quarter |
| Interest income |
InterestAndOtherIncome
|
$100.00K | USD | 1 Quarter |
| Interest income |
InterestAndOtherIncome
|
$100.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$1.70M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$1.40M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$210.90M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$199.90M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$76.70M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$73.70M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$134.20M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$126.20M | USD | 1 Quarter |
| Basic net earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$0.46 | USD | 1 Quarter |
| Basic net earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$0.44 | USD | 1 Quarter |
| Diluted net earnings per share (in dollars per share) |
EarningsPerShareDiluted
|
$0.44 | USD | 1 Quarter |
| Diluted net earnings per share (in dollars per share) |
EarningsPerShareDiluted
|
$0.46 | USD | 1 Quarter |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
289.24M | shares | 1 Quarter |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
288.81M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
289.46M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
289.12M | shares | 1 Quarter |
Cash Flow Statement
68 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$134.20M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$126.20M | USD | 1 Quarter |
| Depreciation of property and equipment |
Depreciation
|
$23.30M | USD | 1 Quarter |
| Depreciation of property and equipment |
Depreciation
|
$29.90M | USD | 1 Quarter |
| (Gain) loss on sale of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$-100.00K | USD | 1 Quarter |
| (Gain) loss on sale of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$400.00K | USD | 1 Quarter |
| Bad debt expense |
ProvisionForDoubtfulAccounts
|
$2.10M | USD | 1 Quarter |
| Bad debt expense |
ProvisionForDoubtfulAccounts
|
$2.20M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$400.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$1.80M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.20M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.00M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$800.00K | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$100.00K | USD | 1 Quarter |
| Trade accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$64.40M | USD | 1 Quarter |
| Trade accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$70.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-1.40M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$47.10M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$-8.20M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$-13.50M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$17.60M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$32.50M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$7.10M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-5.80M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$83.90M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$78.40M | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$700.00K | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$600.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$166.50M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$210.40M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$29.70M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$21.20M | USD | 1 Quarter |
| Cash paid for acquisition |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Cash paid for acquisition |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$57.90M | USD | 1 Quarter |
| Proceeds from sale of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$900.00K | USD | 1 Quarter |
| Proceeds from sale of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$2.10M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$100.00K | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$-1.90M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-75.10M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-28.90M | USD | 1 Quarter |
| Proceeds from debt obligations |
ProceedsFromIssuanceOfLongTermDebt
|
$180.00M | USD | 1 Quarter |
| Proceeds from debt obligations |
ProceedsFromIssuanceOfLongTermDebt
|
$240.00M | USD | 1 Quarter |
| Payments against debt obligations |
RepaymentsOfLongTermDebt
|
$175.00M | USD | 1 Quarter |
| Payments against debt obligations |
RepaymentsOfLongTermDebt
|
$265.00M | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$20.50M | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$2.90M | USD | 1 Quarter |
| Purchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Purchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$59.50M | USD | 1 Quarter |
| Payments of dividends |
PaymentsOfDividends
|
$92.60M | USD | 1 Quarter |
| Payments of dividends |
PaymentsOfDividends
|
$86.50M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-114.70M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-120.50M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$1.00M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$4.50M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$21.60M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$21.60M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$112.70M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$129.00M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$134.30M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$150.60M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$112.70M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$129.00M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$134.30M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$150.60M | USD | Point-in-time |
| Cash paid for interest |
InterestPaid
|
$1.50M | USD | 1 Quarter |
| Cash paid for interest |
InterestPaid
|
$1.40M | USD | 1 Quarter |
| Net cash received for income taxes |
IncomeTaxesPaidNet
|
$-2.20M | USD | 1 Quarter |
| Net cash received for income taxes |
IncomeTaxesPaidNet
|
$-12.20M | USD | 1 Quarter |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Foreign currency translation adjustments, tax |
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
- | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$134.20M | USD | 1 Quarter |
| Foreign currency translation adjustments, tax |
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
- | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$126.20M | USD | 1 Quarter |
| Foreign currency translation adjustments (net of tax of $0.0 in 2017 and 2016) |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$2.90M | USD | 1 Quarter |
| Foreign currency translation adjustments (net of tax of $0.0 in 2017 and 2016) |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$13.70M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$137.10M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$139.90M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.