10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000882835-14-000020 |
| Period End Date | 20140331 |
| Filing Date | 20140502 |
| Fiscal Year | 2014 |
| Fiscal Period | Q1 |
| XBRL Instance | rop-20140331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
66 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$502.88M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$370.59M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$430.02M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$459.72M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$519.08M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$514.08M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$204.92M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$209.38M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxAssetsNetCurrent
|
$70.07M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxAssetsNetCurrent
|
$64.46M | USD | Point-in-time |
| Unbilled receivables |
ReceivablesLongTermContractsOrPrograms
|
$86.94M | USD | Point-in-time |
| Unbilled receivables |
ReceivablesLongTermContractsOrPrograms
|
$95.27M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$40.48M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$38.21M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.43B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.37B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$117.31M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$116.59M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$4.55B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$4.54B | USD | Point-in-time |
| Other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$2.00B | USD | Point-in-time |
| Other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$2.04B | USD | Point-in-time |
| Deferred taxes |
DeferredTaxAssetsNetNoncurrent
|
$27.20M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxAssetsNetNoncurrent
|
$28.77M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$75.80M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$76.43M | USD | Point-in-time |
| Total assets |
Assets
|
$8.18B | USD | Point-in-time |
| Total assets |
Assets
|
$8.19B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$150.31M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$144.17M | USD | Point-in-time |
| Accrued Compensation |
DeferredCompensationCashBasedArrangementsLiabilityCurrent
|
$92.82M | USD | Point-in-time |
| Accrued Compensation |
DeferredCompensationCashBasedArrangementsLiabilityCurrent
|
$107.95M | USD | Point-in-time |
| Deferred Revenue, Current |
DeferredRevenueCurrent
|
$207.96M | USD | Point-in-time |
| Deferred Revenue, Current |
DeferredRevenueCurrent
|
$209.33M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$162.56M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$153.71M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$4.28M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$43.03M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilitiesCurrent
|
$6.49M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilitiesCurrent
|
$6.51M | USD | Point-in-time |
| Current portion of long-term debt, net |
LongTermDebtCurrent
|
$10.92M | USD | Point-in-time |
| Current portion of long-term debt, net |
LongTermDebtCurrent
|
$11.02M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$667.97M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$643.09M | USD | Point-in-time |
| Long-term debt, net of current portion |
LongTermDebtNoncurrent
|
$2.45B | USD | Point-in-time |
| Long-term debt, net of current portion |
LongTermDebtNoncurrent
|
$2.30B | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilitiesNoncurrent
|
$771.24M | USD | Point-in-time |
| Deferred taxes |
DeferredTaxLiabilitiesNoncurrent
|
$783.80M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$89.10M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$91.20M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$3.97B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$3.83B | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$1.02M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$1.01M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.23B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.26B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$3.09B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.96B | USD | Point-in-time |
| Accumulated other comprehensive earnings |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$30.27M | USD | Point-in-time |
| Accumulated other comprehensive earnings |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$43.08M | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$19.48M | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$19.42M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$4.36B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$4.21B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$8.18B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$8.19B | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$834.05M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$737.13M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$345.12M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$315.56M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$421.58M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$488.94M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$236.40M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$265.54M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$185.18M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$223.40M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$19.83M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$20.86M | USD | 1 Quarter |
| Other income/(expense) |
NonoperatingIncomeExpense
|
$-2.49M | USD | 1 Quarter |
| Other income/(expense) |
NonoperatingIncomeExpense
|
$1.42M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$204.99M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$161.83M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$36.91M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$57.77M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$124.91M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$147.23M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$1.26 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$1.48 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$1.25 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$1.46 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
99.56M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
98.88M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
99.99M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
100.57M | shares | 1 Quarter |
| Dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.20 | USD | 1 Quarter |
| Dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.17 | USD | 1 Quarter |
Cash Flow Statement
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$124.91M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$147.23M | USD | 1 Quarter |
| Depreciation and amortization of property, plant and equipment |
Depreciation
|
$9.67M | USD | 1 Quarter |
| Depreciation and amortization of property, plant and equipment |
Depreciation
|
$9.34M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$39.04M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$34.10M | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$1.00M | USD | 1 Quarter |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$837.00K | USD | 1 Quarter |
| Non-cash stock compensation |
ShareBasedCompensation
|
$14.57M | USD | 1 Quarter |
| Non-cash stock compensation |
ShareBasedCompensation
|
$12.98M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$27.59M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$4.58M | USD | 1 Quarter |
| Unbilled receivables |
IncreaseDecreaseInUnbilledReceivables
|
$-13.14M | USD | 1 Quarter |
| Unbilled receivables |
IncreaseDecreaseInUnbilledReceivables
|
$-8.35M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-11.69M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-4.71M | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-12.89M | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-25.51M | USD | 1 Quarter |
| Income taxes |
IncomeTaxes
|
$24.83M | USD | 1 Quarter |
| Income taxes |
IncomeTaxes
|
$16.35M | USD | 1 Quarter |
| Other, net |
PaymentsForOtherOperatingActivities
|
$-2.34M | USD | 1 Quarter |
| Other, net |
PaymentsForOtherOperatingActivities
|
$-4.51M | USD | 1 Quarter |
| Cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$171.27M | USD | 1 Quarter |
| Cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$212.63M | USD | 1 Quarter |
| Acquisitions of businesses, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$2.15M | USD | 1 Quarter |
| Acquisitions of businesses, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$2.24M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$11.21M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$10.48M | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSaleOfProductiveAssets
|
$341.00K | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSaleOfProductiveAssets
|
$236.00K | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$233.00K | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$1.00K | USD | 1 Quarter |
| Cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-13.21M | USD | 1 Quarter |
| Cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-12.52M | USD | 1 Quarter |
| Borrowings/(payments) under revolving line of credit, net |
RepaymentsOfLinesOfCredit
|
$100.00M | USD | 1 Quarter |
| Borrowings/(payments) under revolving line of credit, net |
RepaymentsOfLinesOfCredit
|
$150.00M | USD | 1 Quarter |
| Principal payments on convertible notes |
RepaymentsOfConvertibleDebt
|
$52.00K | USD | 1 Quarter |
| Principal payments on convertible notes |
RepaymentsOfConvertibleDebt
|
$433.00K | USD | 1 Quarter |
| Cash Premium on Convertible Debt |
RedemptionPremiumConvertibleDebt
|
$109.00K | USD | 1 Quarter |
| Cash Premium on Convertible Debt |
RedemptionPremiumConvertibleDebt
|
$1.17M | USD | 1 Quarter |
| Cash dividends to stockholders |
PaymentsOfDividends
|
$19.86M | USD | 1 Quarter |
| Cash dividends to stockholders |
PaymentsOfDividends
|
- | USD | 1 Quarter |
| Stock award tax excess windfall benefit |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$7.51M | USD | 1 Quarter |
| Stock award tax excess windfall benefit |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$4.36M | USD | 1 Quarter |
| Treasury stock sales |
ProceedsFromSaleOfTreasuryStock
|
$729.00K | USD | 1 Quarter |
| Treasury stock sales |
ProceedsFromSaleOfTreasuryStock
|
$642.00K | USD | 1 Quarter |
| Proceeds from stock based compensation, net |
ProceedsFromStockBasedCompensationNet
|
$6.23M | USD | 1 Quarter |
| Proceeds from stock based compensation, net |
ProceedsFromStockBasedCompensationNet
|
$8.03M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$573.00K | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$122.00K | USD | 1 Quarter |
| Cash provided by/(used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-154.63M | USD | 1 Quarter |
| Cash provided by/(used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-88.80M | USD | 1 Quarter |
| Effect of foreign currency exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-2.32M | USD | 1 Quarter |
| Effect of foreign currency exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-9.82M | USD | 1 Quarter |
| Net increase/(decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$43.16M | USD | 1 Quarter |
| Net increase/(decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$59.43M | USD | 1 Quarter |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$502.88M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$370.59M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$430.02M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$459.72M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$502.88M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$370.59M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$430.02M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$459.72M | USD | Point-in-time |
Stockholders Equity
15 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$4.36B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$4.21B | USD | Point-in-time |
| Net earnings |
NetIncomeLoss
|
$124.91M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$147.23M | USD | 1 Quarter |
| Stock option exercises |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$9.95M | USD | 1 Quarter |
| Treasury stock sold |
StockIssuedDuringPeriodValueTreasuryStockReissued
|
$729.00K | USD | 1 Quarter |
| Currency translation adjustments, net of tax |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-12.81M | USD | 1 Quarter |
| Currency translation adjustments, net of tax |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-38.49M | USD | 1 Quarter |
| Stock based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$14.57M | USD | 1 Quarter |
| Restricted stock activity |
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
$-1.93M | USD | 1 Quarter |
| Stock option tax benefit, net of shortfalls |
StockOptionTaxBenefit
|
$7.49M | USD | 1 Quarter |
| Conversion of senior subordinated convertible notes |
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
$-1.07M | USD | 1 Quarter |
| Dividends declared |
DividendsCommonStock
|
$-19.96M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$4.36B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$4.21B | USD | Point-in-time |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$124.91M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$147.23M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-12.81M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-38.49M | USD | 1 Quarter |
| Total other comprehensive income/(loss), net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-12.81M | USD | 1 Quarter |
| Total other comprehensive income/(loss), net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-38.49M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$86.42M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$134.41M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.