10-Q Filing

POOL CORP CIK: 945841 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0000945841-14-000046`
Period End Date	20140331
Filing Date	20140430
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	pool-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 30 Cash Flow Statement 66 Comprehensive Income 12

Balance Sheet 94 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	45.12M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	46.52M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.46M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	45.38M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.87M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.26M	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$47.69M	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$188.29M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	45.38M	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	46.52M	shares	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$45.14M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	45.12M	shares	Point-in-time
Receivables pledged under receivables facility	`PledgedAssetsSeparatelyReportedOtherAssetsPledgedAsCollateralAtFairValue`	$80.15M	USD	Point-in-time
Receivables pledged under receivables facility	`PledgedAssetsSeparatelyReportedOtherAssetsPledgedAsCollateralAtFairValue`	$163.41M	USD	Point-in-time
Receivables pledged under receivables facility	`PledgedAssetsSeparatelyReportedOtherAssetsPledgedAsCollateralAtFairValue`	-	USD	Point-in-time
Product inventories, net	`InventoryNet`	$429.20M	USD	Point-in-time
Product inventories, net	`InventoryNet`	$527.30M	USD	Point-in-time
Product inventories, net	`InventoryNet`	$494.32M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$13.03M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.80M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.94M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetCurrent`	$5.46M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetCurrent`	$5.15M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetCurrent`	$5.43M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$761.04M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$713.67M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$577.75M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$48.76M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$55.21M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$52.33M	USD	Point-in-time
Goodwill	`Goodwill`	$171.97M	USD	Point-in-time
Goodwill	`Goodwill`	$173.55M	USD	Point-in-time
Goodwill	`Goodwill`	$169.98M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$10.20M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$10.79M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$10.99M	USD	Point-in-time
Equity interest investments	`EquityMethodInvestments`	$1.24M	USD	Point-in-time
Equity interest investments	`EquityMethodInvestments`	$1.27M	USD	Point-in-time
Equity interest investments	`EquityMethodInvestments`	$1.18M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$9.36M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$11.13M	USD	Point-in-time
Other assets, net	`OtherAssetsNoncurrent`	$10.27M	USD	Point-in-time
Total assets	`Assets`	$1.01B	USD	Point-in-time
Total assets	`Assets`	$823.76M	USD	Point-in-time
Total assets	`Assets`	$953.74M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$338.03M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$214.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$370.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$49.30M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$28.07M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$30.41M	USD	Point-in-time
Current portion of long-term debt and other long-term liabilities	`CurrentPortionOfLongTermDebtAndOtherLongTermLiabilities`	$9.00K	USD	Point-in-time
Current portion of long-term debt and other long-term liabilities	`CurrentPortionOfLongTermDebtAndOtherLongTermLiabilities`	$4.00K	USD	Point-in-time
Current portion of long-term debt and other long-term liabilities	`CurrentPortionOfLongTermDebtAndOtherLongTermLiabilities`	$21.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$263.91M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$368.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$398.07M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$14.21M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$19.11M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$19.75M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$324.23M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$246.42M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$278.54M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$7.55M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$9.47M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$8.15M	USD	Point-in-time
Total liabilities	`Liabilities`	$537.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$668.76M	USD	Point-in-time
Total liabilities	`Liabilities`	$751.52M	USD	Point-in-time
Common stock	`CommonStockValue`	$45.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$45.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$46.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$310.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$319.28M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$286.38M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-2.45M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-27.28M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-59.83M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.18M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.91M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$286.18M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$284.98M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$261.68M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.01B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$823.76M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$953.74M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$370.36M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$406.34M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$265.60M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$292.24M	USD	1 Quarter
Gross profit	`GrossProfit`	$104.76M	USD	1 Quarter
Gross profit	`GrossProfit`	$114.10M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$97.83M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$105.45M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$6.93M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$8.65M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-1.93M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-1.61M	USD	1 Quarter
Income before income taxes and equity earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.32M	USD	1 Quarter
Income before income taxes and equity earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$6.71M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.60M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.90M	USD	1 Quarter
Equity earnings in unconsolidated investments	`IncomeLossFromEquityMethodInvestments`	$18.00K	USD	1 Quarter
Equity earnings in unconsolidated investments	`IncomeLossFromEquityMethodInvestments`	$79.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.19M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.44M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	45.18M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.38M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.38M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.58M	shares	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareCashPaid`	$0.16	USD	1 Quarter
Cash dividends declared per common share	`CommonStockDividendsPerShareCashPaid`	$0.19	USD	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$4.19M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.44M	USD	1 Quarter
Depreciation	`Depreciation`	$3.07M	USD	1 Quarter
Depreciation	`Depreciation`	$3.43M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$328.00K	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$321.00K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$2.06M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$1.91M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.49M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.70M	USD	1 Quarter
Equity earnings in unconsolidated investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$18.00K	USD	1 Quarter
Equity earnings in unconsolidated investments	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$79.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-335.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$38.00K	USD	1 Quarter
Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$74.28M	USD	1 Quarter
Receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$85.02M	USD	1 Quarter
Product inventories	`IncreaseDecreaseInInventories`	$94.79M	USD	1 Quarter
Product inventories	`IncreaseDecreaseInInventories`	$97.03M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.20M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.46M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$137.90M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$154.68M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-17.55M	USD	1 Quarter
Accrued expenses and other current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-13.33M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-37.34M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-39.99M	USD	1 Quarter
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.51M	USD	1 Quarter
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$325.00K	USD	1 Quarter
Purchase of property and equipment, net of sale proceeds	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.88M	USD	1 Quarter
Purchase of property and equipment, net of sale proceeds	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.87M	USD	1 Quarter
Other investments, net	`PaymentsForProceedsFromInvestments`	$-49.00K	USD	1 Quarter
Other investments, net	`PaymentsForProceedsFromInvestments`	$-9.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.20M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.33M	USD	1 Quarter
Proceeds from revolving line of credit	`ProceedsFromLinesOfCredit`	$149.76M	USD	1 Quarter
Proceeds from revolving line of credit	`ProceedsFromLinesOfCredit`	$184.99M	USD	1 Quarter
Payments on revolving line of credit	`RepaymentsOfLinesOfCredit`	$163.55M	USD	1 Quarter
Payments on revolving line of credit	`RepaymentsOfLinesOfCredit`	$102.10M	USD	1 Quarter
Proceeds from asset-backed financing	`ProceedsFromIssuanceOfSecuredDebt`	$66.57M	USD	1 Quarter
Proceeds from asset-backed financing	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	1 Quarter
Payments on asset-backed financing	`RepaymentsOfSecuredDebt`	$10.20M	USD	1 Quarter
Payments on asset-backed financing	`RepaymentsOfSecuredDebt`	-	USD	1 Quarter
Payments on long-term debt and other long-term liabilities	`RepaymentsOfLongTermDebtAndRepaymentsOfNotesPayable`	-	USD	1 Quarter
Payments on long-term debt and other long-term liabilities	`RepaymentsOfLongTermDebtAndRepaymentsOfNotesPayable`	$5.00K	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.70M	USD	1 Quarter
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.49M	USD	1 Quarter
Proceeds from stock issued under share-based compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$6.44M	USD	1 Quarter
Proceeds from stock issued under share-based compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$5.23M	USD	1 Quarter
Payments of cash dividends	`PaymentsOfDividends`	$7.43M	USD	1 Quarter
Payments of cash dividends	`PaymentsOfDividends`	$8.57M	USD	1 Quarter
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$28.17M	USD	1 Quarter
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$3.83M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$44.53M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$47.79M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.06M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-860.00K	USD	1 Quarter
Change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-749.00K	USD	1 Quarter
Change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$410.00K	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$12.46M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$12.87M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.01M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.26M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$12.46M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$12.87M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.01M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.26M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$4.19M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.44M	USD	1 Quarter
Tax effect of change in unrealized gains and losses on interest rate swaps	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-133.00K	USD	1 Quarter
Tax effect of change in unrealized gains and losses on interest rate swaps	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax`	$-74.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-847.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$927.00K	USD	1 Quarter
Change in unrealized gains and losses on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$210.00K	USD	1 Quarter
Change in unrealized gains and losses on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$116.00K	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$1.14M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-731.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.58M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.46M	USD	1 Quarter

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