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10-Q Filing

AMPHENOL CORP /DE/ CIK: 820313 Q1 2015
Filing Information
Form Type 10-Q
Accession Number 0001104659-15-036125
Period End Date 20150331
Filing Date 20150508
Fiscal Year 2015
Fiscal Period Q1
XBRL Instance aph-20150331.xml
Filing Contents
Balance Sheet 63 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for doubtful accounts (in dollars) AllowanceForDoubtfulAccountsReceivableCurrent $21.20M USD Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars) AllowanceForDoubtfulAccountsReceivableCurrent $20.20M USD Point-in-time
Land and depreciable assets, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $853.90M USD Point-in-time
Land and depreciable assets, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $849.60M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $968.90M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $886.80M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.02B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $969.90M USD Point-in-time
Short-term investments ShortTermInvestments $381.20M USD Point-in-time
Short-term investments ShortTermInvestments $360.70M USD Point-in-time
Total cash, cash equivalents and short-term investments CashCashEquivalentsAndShortTermInvestments $1.33B USD Point-in-time
Total cash, cash equivalents and short-term investments CashCashEquivalentsAndShortTermInvestments $1.35B USD Point-in-time
Accounts receivable, less allowance for doubtful accounts of $21.2 and $20.2, respectively AccountsReceivableNetCurrent $1.12B USD Point-in-time
Accounts receivable, less allowance for doubtful accounts of $21.2 and $20.2, respectively AccountsReceivableNetCurrent $1.09B USD Point-in-time
Inventories InventoryNet $871.40M USD Point-in-time
Inventories InventoryNet $865.60M USD Point-in-time
Other current assets OtherAssetsCurrent $185.20M USD Point-in-time
Other current assets OtherAssetsCurrent $219.50M USD Point-in-time
Total current assets AssetsCurrent $3.53B USD Point-in-time
Total current assets AssetsCurrent $3.50B USD Point-in-time
Land and depreciable assets, less accumulated depreciation of $853.9 and $849.6, respectively PropertyPlantAndEquipmentNet $590.70M USD Point-in-time
Land and depreciable assets, less accumulated depreciation of $853.9 and $849.6, respectively PropertyPlantAndEquipmentNet $589.50M USD Point-in-time
Goodwill Goodwill $2.62B USD Point-in-time
Goodwill Goodwill $2.59B USD Point-in-time
Intangibles and other long-term assets IntangiblesAndOtherLongTermAssets $307.80M USD Point-in-time
Intangibles and other long-term assets IntangiblesAndOtherLongTermAssets $315.50M USD Point-in-time
Total assets Assets $7.03B USD Point-in-time
Total assets Assets $7.03B USD Point-in-time
Accounts payable AccountsPayableCurrent $618.40M USD Point-in-time
Accounts payable AccountsPayableCurrent $582.90M USD Point-in-time
Accrued salaries, wages and employee benefits EmployeeRelatedLiabilitiesCurrent $99.00M USD Point-in-time
Accrued salaries, wages and employee benefits EmployeeRelatedLiabilitiesCurrent $109.90M USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $98.90M USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $90.80M USD Point-in-time
Accrued dividends DividendsPayableCurrent $38.70M USD Point-in-time
Other accrued expenses OtherLiabilitiesCurrent $186.20M USD Point-in-time
Other accrued expenses OtherLiabilitiesCurrent $143.30M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $1.60M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $1.60M USD Point-in-time
Total current liabilities LiabilitiesCurrent $925.70M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.05B USD Point-in-time
Long-term debt, less current portion LongTermDebtNoncurrent $2.76B USD Point-in-time
Long-term debt, less current portion LongTermDebtNoncurrent $2.67B USD Point-in-time
Accrued pension benefit obligations and other long-term liabilities AccruedPensionPostEmploymentBenefitObligationsAndOtherLongTermLiabilities $371.20M USD Point-in-time
Accrued pension benefit obligations and other long-term liabilities AccruedPensionPostEmploymentBenefitObligationsAndOtherLongTermLiabilities $363.70M USD Point-in-time
Common Stock CommonStockValue $300.00K USD Point-in-time
Common Stock CommonStockValue $300.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $688.80M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $659.40M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.45B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.53B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-205.80M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-271.50M USD Point-in-time
Total shareholders' equity attributable to Amphenol Corporation StockholdersEquity $2.91B USD Point-in-time
Total shareholders' equity attributable to Amphenol Corporation StockholdersEquity $2.95B USD Point-in-time
Noncontrolling interests MinorityInterest $29.30M USD Point-in-time
Noncontrolling interests MinorityInterest $30.50M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.90B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.94B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.88B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.98B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $7.03B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $7.03B USD Point-in-time
Income Statement 35 line items
Line Item Tag Value Unit Period
Net sales SalesRevenueGoodsNet $1.25B USD 1 Quarter
Net sales SalesRevenueGoodsNet $1.33B USD 1 Quarter
Cost of sales CostOfGoodsSold $857.20M USD 1 Quarter
Cost of sales CostOfGoodsSold $902.50M USD 1 Quarter
Gross profit GrossProfit $424.60M USD 1 Quarter
Gross profit GrossProfit $388.90M USD 1 Quarter
Acquisition-related expenses BusinessCombinationAcquisitionRelatedCosts $2.00M USD 1 Quarter
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $154.80M USD 1 Quarter
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $164.40M USD 1 Quarter
Operating income OperatingIncomeLoss $260.20M USD 1 Quarter
Operating income OperatingIncomeLoss $232.10M USD 1 Quarter
Interest expense InterestExpense $19.10M USD 1 Quarter
Interest expense InterestExpense $17.00M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $4.10M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $4.10M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $217.10M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $247.30M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $65.50M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $57.30M USD 1 Quarter
Net income ProfitLoss $181.80M USD 1 Quarter
Net income ProfitLoss $159.80M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.30M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Net income attributable to Amphenol Corporation NetIncomeLossAvailableToCommonStockholdersBasic $179.80M USD 1 Quarter
Net income attributable to Amphenol Corporation NetIncomeLossAvailableToCommonStockholdersBasic $158.50M USD 1 Quarter
Net income per common share - Basic (in dollars per share) EarningsPerShareBasic $0.58 USD 1 Quarter
Net income per common share - Basic (in dollars per share) EarningsPerShareBasic $0.50 USD 1 Quarter
Weighted average common shares outstanding - Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 315.06M shares 1 Quarter
Weighted average common shares outstanding - Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 310.05M shares 1 Quarter
Net income per common share - Diluted (in dollars per share) EarningsPerShareDiluted $0.49 USD 1 Quarter
Net income per common share - Diluted (in dollars per share) EarningsPerShareDiluted $0.57 USD 1 Quarter
Weighted average common shares outstanding - Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 317.99M shares 1 Quarter
Weighted average common shares outstanding - Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 322.35M shares 1 Quarter
Dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.12 USD 1 Quarter
Dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.10 USD 1 Quarter
Cash Flow Statement 60 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $181.80M USD 1 Quarter
Net income ProfitLoss $159.80M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $40.10M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $39.90M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $10.10M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $9.30M USD 1 Quarter
Excess tax benefits from stock-based compensation payment arrangements ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $3.60M USD 1 Quarter
Excess tax benefits from stock-based compensation payment arrangements ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $2.70M USD 1 Quarter
Net change in components of working capital IncreaseDecreaseInOperatingCapital $10.20M USD 1 Quarter
Net change in components of working capital IncreaseDecreaseInOperatingCapital $40.10M USD 1 Quarter
Net change in other long-term assets and liabilities IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet $-6.60M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $188.30M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $202.70M USD 1 Quarter
Purchases of land and depreciable assets PaymentsToAcquirePropertyPlantAndEquipment $54.20M USD 1 Quarter
Purchases of land and depreciable assets PaymentsToAcquirePropertyPlantAndEquipment $40.00M USD 1 Quarter
Proceeds from disposals of land and depreciable assets ProceedsFromSaleOfPropertyPlantAndEquipment $300.00K USD 1 Quarter
Proceeds from disposals of land and depreciable assets ProceedsFromSaleOfPropertyPlantAndEquipment $500.00K USD 1 Quarter
Purchases of short-term investments PaymentsToAcquireShortTermInvestments $104.50M USD 1 Quarter
Purchases of short-term investments PaymentsToAcquireShortTermInvestments $120.70M USD 1 Quarter
Sales and maturities of short-term investments ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments $84.00M USD 1 Quarter
Sales and maturities of short-term investments ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments $145.00M USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $76.10M USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $9.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-38.40M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-136.30M USD 1 Quarter
Proceeds from issuance of senior notes ProceedsFromIssuanceOfUnsecuredDebt $748.80M USD 1 Quarter
Long-term borrowings under credit facilities ProceedsFromLinesOfCredit $142.80M USD 1 Quarter
Long-term borrowings under credit facilities ProceedsFromLinesOfCredit $1.81B USD 1 Quarter
Repayments of long-term debt RepaymentsOfLongTermDebt $801.10M USD 1 Quarter
Repayments of long-term debt RepaymentsOfLongTermDebt $1.73B USD 1 Quarter
Payments of costs related to debt financing PaymentsOfDebtIssuanceCosts $5.70M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $16.00M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $13.70M USD 1 Quarter
Excess tax benefits from stock-based compensation payment arrangements ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $3.60M USD 1 Quarter
Excess tax benefits from stock-based compensation payment arrangements ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $2.70M USD 1 Quarter
Payments to shareholders of noncontrolling interests PaymentsToMinorityShareholdersIncludingDividends $1.10M USD 1 Quarter
Payments to shareholders of noncontrolling interests PaymentsToMinorityShareholdersIncludingDividends $3.20M USD 1 Quarter
Purchase and retirement of treasury stock PaymentsForRepurchaseOfCommonStock $62.20M USD 1 Quarter
Purchase and retirement of treasury stock PaymentsForRepurchaseOfCommonStock $121.10M USD 1 Quarter
Dividend payments PaymentsOfDividendsCommonStock $77.50M USD 1 Quarter
Dividend payments PaymentsOfDividendsCommonStock $31.40M USD Point-in-time
Dividend payments PaymentsOfDividendsCommonStock $38.80M USD Point-in-time
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-21.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-37.70M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations $-6.80M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations $-13.30M USD 1 Quarter
Net change in cash and cash equivalents NetCashProvidedByUsedInContinuingOperations $1.00M USD 1 Quarter
Net change in cash and cash equivalents NetCashProvidedByUsedInContinuingOperations $136.50M USD 1 Quarter
Cash and cash equivalents balance, beginning of period CashAndCashEquivalentsAtCarryingValue $968.90M USD Point-in-time
Cash and cash equivalents balance, beginning of period CashAndCashEquivalentsAtCarryingValue $886.80M USD Point-in-time
Cash and cash equivalents balance, beginning of period CashAndCashEquivalentsAtCarryingValue $1.02B USD Point-in-time
Cash and cash equivalents balance, beginning of period CashAndCashEquivalentsAtCarryingValue $969.90M USD Point-in-time
Cash and cash equivalents balance, end of period CashAndCashEquivalentsAtCarryingValue $968.90M USD Point-in-time
Cash and cash equivalents balance, end of period CashAndCashEquivalentsAtCarryingValue $886.80M USD Point-in-time
Cash and cash equivalents balance, end of period CashAndCashEquivalentsAtCarryingValue $1.02B USD Point-in-time
Cash and cash equivalents balance, end of period CashAndCashEquivalentsAtCarryingValue $969.90M USD Point-in-time
Interest InterestPaidNet $13.30M USD 1 Quarter
Interest InterestPaidNet $30.20M USD 1 Quarter
Income taxes IncomeTaxesPaidNet $51.90M USD 1 Quarter
Income taxes IncomeTaxesPaidNet $48.80M USD 1 Quarter
Comprehensive Income 15 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $181.80M USD 1 Quarter
Net income ProfitLoss $159.80M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-67.90M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-15.30M USD 1 Quarter
Unrealized gain on cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $600.00K USD 1 Quarter
Unrealized gain on cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $300.00K USD 1 Quarter
Defined benefit plan adjustment OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.60M USD 1 Quarter
Total other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTaxInclusiveOfPurchaseOfNonControllingInterest $-65.70M USD 1 Quarter
Total other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTaxInclusiveOfPurchaseOfNonControllingInterest $-15.00M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $144.80M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $116.10M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $900.00K USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Comprehensive income attributable to Amphenol Corporation ComprehensiveIncomeNetOfTax $143.90M USD 1 Quarter
Comprehensive income attributable to Amphenol Corporation ComprehensiveIncomeNetOfTax $114.10M USD 1 Quarter

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

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