10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001094285-18-000088 |
| Period End Date | 20180331 |
| Filing Date | 20180508 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | tdy-20180401.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
74 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Accumulated depreciation and amortization |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$531.60M | USD | Point-in-time |
| Accumulated depreciation and amortization |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$548.80M | USD | Point-in-time |
| Preferred stock, par value (in USD per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Preferred stock, par value (in USD per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Cash |
Cash
|
$69.70M | USD | Point-in-time |
| Cash |
Cash
|
$79.90M | USD | Point-in-time |
| Cash |
Cash
|
$70.90M | USD | Point-in-time |
| Preferred stock, shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Preferred stock, shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Cash |
Cash
|
$98.60M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$386.60M | USD | Point-in-time |
| Common stock, par value (in USD per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$388.30M | USD | Point-in-time |
| Common stock, par value (in USD per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
125.00M | shares | Point-in-time |
| Unbilled receivables, net |
UnbilledReceivablesCurrent
|
$89.80M | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
125.00M | shares | Point-in-time |
| Unbilled receivables, net |
UnbilledReceivablesCurrent
|
$148.20M | USD | Point-in-time |
| Common stock, shares, issued (in shares) |
CommonStockSharesIssued
|
37.70M | shares | Point-in-time |
| Inventories, net |
InventoryNet
|
$381.80M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$400.20M | USD | Point-in-time |
| Common stock, shares, issued (in shares) |
CommonStockSharesIssued
|
37.70M | shares | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$62.70M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
35.74M | shares | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$63.70M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
35.54M | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.01B | USD | Point-in-time |
| Treasury stock (in shares) |
TreasuryStockShares
|
2.16M | shares | Point-in-time |
| Treasury stock (in shares) |
TreasuryStockShares
|
1.96M | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.06B | USD | Point-in-time |
| Property, plant and equipment, net of accumulated depreciation and amortization of $548.8 at April 1, 2018 and $531.6 at December 31, 2017 |
PropertyPlantAndEquipmentNet
|
$442.80M | USD | Point-in-time |
| Property, plant and equipment, net of accumulated depreciation and amortization of $548.8 at April 1, 2018 and $531.6 at December 31, 2017 |
PropertyPlantAndEquipmentNet
|
$441.90M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.80B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.78B | USD | Point-in-time |
| Acquired intangibles, net |
FiniteLivedIntangibleAssetsNet
|
$398.90M | USD | Point-in-time |
| Acquired intangibles, net |
FiniteLivedIntangibleAssetsNet
|
$390.70M | USD | Point-in-time |
| Prepaid pension assets |
PrepaidExpenseCurrentAndNoncurrent
|
$127.20M | USD | Point-in-time |
| Prepaid pension assets |
PrepaidExpenseCurrentAndNoncurrent
|
$137.50M | USD | Point-in-time |
| Other assets, net |
OtherAssetsNoncurrent
|
$87.20M | USD | Point-in-time |
| Other assets, net |
OtherAssetsNoncurrent
|
$88.90M | USD | Point-in-time |
| Total Assets |
Assets
|
$3.92B | USD | Point-in-time |
| Total Assets |
Assets
|
$3.85B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$198.00M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$191.70M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$348.00M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$345.30M | USD | Point-in-time |
| Current portion of long-term debt, capital leases and other debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$9.20M | USD | Point-in-time |
| Current portion of long-term debt, capital leases and other debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$3.60M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$540.60M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$555.20M | USD | Point-in-time |
| Long-term debt and capital lease obligations |
LongTermDebtAndCapitalLeaseObligations
|
$1.02B | USD | Point-in-time |
| Long-term debt and capital lease obligations |
LongTermDebtAndCapitalLeaseObligations
|
$1.07B | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$289.80M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$289.20M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$1.90B | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$1.86B | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Preferred stock, $0.01 par value; outstanding shares - none |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, $0.01 par value; outstanding shares - none |
PreferredStockValue
|
- | USD | Point-in-time |
| Common stock, $0.01 par value; authorized 125,000,000 shares; issued shares: 37,697,865 at April 1, 2018 and December 31, 2017; outstanding shares: 35,739,323 at April 1, 2018 and 35,540,233 at December 31, 2017 |
CommonStockValue
|
$400.00K | USD | Point-in-time |
| Common stock, $0.01 par value; authorized 125,000,000 shares; issued shares: 37,697,865 at April 1, 2018 and December 31, 2017; outstanding shares: 35,739,323 at April 1, 2018 and 35,540,233 at December 31, 2017 |
CommonStockValue
|
$400.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$335.80M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$337.30M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.14B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.21B | USD | Point-in-time |
| Treasury stock, 1,958,542 at April 1, 2018 and 2,157,632 at December 31, 2017 |
TreasuryStockValue
|
$200.70M | USD | Point-in-time |
| Treasury stock, 1,958,542 at April 1, 2018 and 2,157,632 at December 31, 2017 |
TreasuryStockValue
|
$180.30M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-309.40M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-329.30M | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.06B | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.95B | USD | Point-in-time |
| Total Liabilities and Stockholders Equity |
LiabilitiesAndStockholdersEquity
|
$3.92B | USD | Point-in-time |
| Total Liabilities and Stockholders Equity |
LiabilitiesAndStockholdersEquity
|
$3.85B | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$566.10M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$695.60M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$357.00M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$438.20M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$154.30M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$169.00M | USD | 1 Quarter |
| Total costs and expenses |
CostsAndExpenses
|
$607.20M | USD | 1 Quarter |
| Total costs and expenses |
CostsAndExpenses
|
$511.30M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$54.80M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$88.40M | USD | 1 Quarter |
| Interest and debt expense, net |
InterestExpense
|
$8.20M | USD | 1 Quarter |
| Interest and debt expense, net |
InterestExpense
|
$7.10M | USD | 1 Quarter |
| Non-service retirement benefit income |
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
$-3.30M | USD | 1 Quarter |
| Non-service retirement benefit income |
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
$-3.40M | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
$-9.30M | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
$-2.50M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$82.20M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$40.60M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$10.10M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$15.70M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$30.50M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$66.50M | USD | 1 Quarter |
| Basic earnings per common share (in USD per share) |
EarningsPerShareBasic
|
$1.87 | USD | 1 Quarter |
| Basic earnings per common share (in USD per share) |
EarningsPerShareBasic
|
$0.87 | USD | 1 Quarter |
| Weighted average common shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
35.60M | shares | 1 Quarter |
| Weighted average common shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
35.10M | shares | 1 Quarter |
| Diluted earnings per common share (in USD per share) |
EarningsPerShareDiluted
|
$0.84 | USD | 1 Quarter |
| Diluted earnings per common share (in USD per share) |
EarningsPerShareDiluted
|
$1.81 | USD | 1 Quarter |
| Weighted average diluted common shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
36.10M | shares | 1 Quarter |
| Weighted average diluted common shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
36.80M | shares | 1 Quarter |
Cash Flow Statement
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$30.50M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$66.50M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$28.80M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$22.80M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$600.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-3.60M | USD | 1 Quarter |
| Stock-based compensation |
StockOptionPlanExpense
|
$5.40M | USD | 1 Quarter |
| Stock-based compensation |
StockOptionPlanExpense
|
$6.50M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$10.10M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$27.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$6.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$21.70M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$5.80M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$3.60M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$14.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$9.70M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-11.90M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$9.70M | USD | 1 Quarter |
| Income taxes receivable/payable, net |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$8.10M | USD | 1 Quarter |
| Income taxes receivable/payable, net |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$14.50M | USD | 1 Quarter |
| Long-term assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$1.80M | USD | 1 Quarter |
| Long-term assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$-1.50M | USD | 1 Quarter |
| Other long-term liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$100.00K | USD | 1 Quarter |
| Other long-term liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-200.00K | USD | 1 Quarter |
| Pension and postretirement benefits |
IncreaseDecreaseInPensionAndPostretirementObligations
|
$-7.40M | USD | 1 Quarter |
| Pension and postretirement benefits |
IncreaseDecreaseInPensionAndPostretirementObligations
|
$-5.80M | USD | 1 Quarter |
| Other operating, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-7.70M | USD | 1 Quarter |
| Other operating, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-3.50M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$71.60M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$53.40M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$12.60M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$19.80M | USD | 1 Quarter |
| Purchase of businesses and other investments, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$740.60M | USD | 1 Quarter |
| Purchase of businesses and other investments, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Proceeds from the sale of assets |
ProceedsFromSaleOfProductiveAssets
|
$300.00K | USD | 1 Quarter |
| Proceeds from the sale of assets |
ProceedsFromSaleOfProductiveAssets
|
$200.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-19.60M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-752.90M | USD | 1 Quarter |
| Net proceeds from (payments on) credit facility |
ProceedsFromRepaymentsOfLinesOfCredit
|
$595.00M | USD | 1 Quarter |
| Net proceeds from (payments on) credit facility |
ProceedsFromRepaymentsOfLinesOfCredit
|
$-54.50M | USD | 1 Quarter |
| Proceeds from senior notes |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
$100.00M | USD | 1 Quarter |
| Proceeds from senior notes |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
- | USD | 1 Quarter |
| Proceeds from (payments on) other debt |
ProceedsFromRepaymentsOfOtherDebt
|
$1.60M | USD | 1 Quarter |
| Proceeds from (payments on) other debt |
ProceedsFromRepaymentsOfOtherDebt
|
$-31.00M | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$6.30M | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$12.30M | USD | 1 Quarter |
| Other financing, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-1.40M | USD | 1 Quarter |
| Other financing, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-2.00M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-42.60M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$668.90M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$1.70M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-400.00K | USD | 1 Quarter |
| Change in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-28.90M | USD | 1 Quarter |
| Change in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$9.00M | USD | 1 Quarter |
| Cashbeginning of period |
Cash
|
$69.70M | USD | Point-in-time |
| Cashbeginning of period |
Cash
|
$79.90M | USD | Point-in-time |
| Cashbeginning of period |
Cash
|
$70.90M | USD | Point-in-time |
| Cashbeginning of period |
Cash
|
$98.60M | USD | Point-in-time |
| Cashend of period |
Cash
|
$69.70M | USD | Point-in-time |
| Cashend of period |
Cash
|
$79.90M | USD | Point-in-time |
| Cashend of period |
Cash
|
$70.90M | USD | Point-in-time |
| Cashend of period |
Cash
|
$98.60M | USD | Point-in-time |
Comprehensive Income
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$30.50M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$66.50M | USD | 1 Quarter |
| Foreign exchange translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$17.20M | USD | 1 Quarter |
| Foreign exchange translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$4.00M | USD | 1 Quarter |
| Hedge activity, net of tax |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
$-200.00K | USD | 1 Quarter |
| Hedge activity, net of tax |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
$-1.60M | USD | 1 Quarter |
| Pension and postretirement benefit adjustments, net of tax |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
$-4.30M | USD | 1 Quarter |
| Pension and postretirement benefit adjustments, net of tax |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
$-3.50M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$7.30M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$19.90M | USD | 1 Quarter |
| Comprehensive income, net of tax |
ComprehensiveIncomeNetOfTax
|
$37.80M | USD | 1 Quarter |
| Comprehensive income, net of tax |
ComprehensiveIncomeNetOfTax
|
$86.40M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.