10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000815556-18-000019 |
| Period End Date | 20180331 |
| Filing Date | 20180416 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | fast-20180331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Trade accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$11.30M | USD | Point-in-time |
| Trade accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$11.90M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$134.30M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$137.10M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$116.90M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$112.70M | USD | Point-in-time |
| Trade accounts receivable, net of allowance for doubtful accounts of $11.3 and $11.9, respectively |
AccountsReceivableNetCurrent
|
$607.80M | 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 $11.3 and $11.9, respectively |
AccountsReceivableNetCurrent
|
$688.60M | USD | Point-in-time |
| Par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | 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
|
$1.13B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$1.09B | USD | Point-in-time |
| Issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$118.10M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$99.70M | USD | Point-in-time |
| Outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.94B | USD | Point-in-time |
| Outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.06B | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$889.00M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$893.60M | USD | Point-in-time |
| Par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$80.30M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$81.20M | USD | Point-in-time |
| Par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Total assets |
Assets
|
$3.03B | USD | Point-in-time |
| Authorized (in shares) |
CommonStockSharesAuthorized
|
400.00M | shares | Point-in-time |
| Total assets |
Assets
|
$2.91B | USD | Point-in-time |
| Authorized (in shares) |
CommonStockSharesAuthorized
|
400.00M | shares | Point-in-time |
| Issued (in shares) |
CommonStockSharesIssued
|
287.59M | shares | Point-in-time |
| Issued (in shares) |
CommonStockSharesIssued
|
287.69M | shares | Point-in-time |
| Outstanding (in shares) |
CommonStockSharesOutstanding
|
287.69M | shares | Point-in-time |
| Outstanding (in shares) |
CommonStockSharesOutstanding
|
287.59M | shares | Point-in-time |
| Current portion of debt |
LongTermDebtCurrent
|
$13.10M | USD | Point-in-time |
| Current portion of debt |
LongTermDebtCurrent
|
$3.00M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$148.10M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$147.50M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$194.00M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$199.70M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$6.50M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$42.10M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$403.00M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$351.00M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$412.00M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$391.90M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$50.60M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$62.70M | 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, 287,687,089 and 287,591,536 shares issued and outstanding, respectively |
CommonStockValue
|
$2.90M | USD | Point-in-time |
| Common stock: $0.01 par value, 400,000,000 shares authorized, 287,687,089 and 287,591,536 shares issued and outstanding, respectively |
CommonStockValue
|
$2.90M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$8.50M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$13.70M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.18B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.11B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-23.10M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-25.10M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$2.17B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$2.10B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$2.91B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.03B | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$1.19B | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$1.05B | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$529.70M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$608.20M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$577.60M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$518.00M | USD | 1 Quarter |
| Operating and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$342.70M | USD | 1 Quarter |
| Operating and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$305.90M | USD | 1 Quarter |
| Loss (gain) on sale of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$-400.00K | USD | 1 Quarter |
| Loss (gain) on sale of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$400.00K | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$212.50M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$234.50M | 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
|
$2.70M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$210.90M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$231.90M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$57.60M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$76.70M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$174.30M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$134.20M | 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
|
$0.61 | USD | 1 Quarter |
| Diluted net earnings per share (in dollars per share) |
EarningsPerShareDiluted
|
$0.61 | 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
|
287.64M | shares | 1 Quarter |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
289.24M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
287.88M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
289.46M | shares | 1 Quarter |
Cash Flow Statement
66 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$174.30M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$134.20M | USD | 1 Quarter |
| Depreciation of property and equipment |
Depreciation
|
$29.90M | USD | 1 Quarter |
| Depreciation of property and equipment |
Depreciation
|
$32.40M | USD | 1 Quarter |
| Loss (gain) on sale of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$-400.00K | USD | 1 Quarter |
| Loss (gain) on sale of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$400.00K | USD | 1 Quarter |
| Bad debt expense |
ProvisionForDoubtfulAccounts
|
$1.30M | 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
|
$12.10M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.40M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.20M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$1.00M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$800.00K | USD | 1 Quarter |
| Trade accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$82.40M | USD | 1 Quarter |
| Trade accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$70.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$41.20M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-1.40M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$-8.20M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$-18.40M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$17.60M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$600.00K | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$5.70M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$7.10M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$78.40M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$35.60M | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$600.00K | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-100.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$210.40M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$159.70M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$31.50M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$21.20M | USD | 1 Quarter |
| Proceeds from sale of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$2.70M | USD | 1 Quarter |
| Proceeds from sale of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$2.10M | USD | 1 Quarter |
| Cash paid for acquisition |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Cash paid for acquisition |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$57.90M | 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
|
$240.00M | USD | 1 Quarter |
| Proceeds from debt obligations |
ProceedsFromIssuanceOfLongTermDebt
|
$180.00M | USD | 1 Quarter |
| Payments against debt obligations |
RepaymentsOfLongTermDebt
|
$190.00M | USD | 1 Quarter |
| Payments against debt obligations |
RepaymentsOfLongTermDebt
|
$265.00M | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$3.80M | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$2.90M | USD | 1 Quarter |
| Payments of dividends |
PaymentsOfDividends
|
$106.40M | USD | 1 Quarter |
| Payments of dividends |
PaymentsOfDividends
|
$92.60M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-114.70M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-112.60M | 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
|
$2.00M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$21.60M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$20.20M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$134.30M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$137.10M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$116.90M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$112.70M | 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
|
$137.10M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$116.90M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$112.70M | USD | Point-in-time |
| Cash paid for interest |
InterestPaid
|
$2.70M | USD | 1 Quarter |
| Cash paid for interest |
InterestPaid
|
$1.50M | USD | 1 Quarter |
| Net cash paid (received) for income taxes |
IncomeTaxesPaidNet
|
$9.60M | USD | 1 Quarter |
| Net cash paid (received) for income taxes |
IncomeTaxesPaidNet
|
$-2.20M | USD | 1 Quarter |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$174.30M | USD | 1 Quarter |
| Foreign currency translation adjustments, tax |
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
- | USD | 1 Quarter |
| Foreign currency translation adjustments, tax |
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
- | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$134.20M | USD | 1 Quarter |
| Foreign currency translation adjustments (net of tax of $0.0 in 2018 and 2017) |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$2.00M | USD | 1 Quarter |
| Foreign currency translation adjustments (net of tax of $0.0 in 2018 and 2017) |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$2.90M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$176.30M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$137.10M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.