10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-14-177076 |
| Period End Date | 20140331 |
| Filing Date | 20140501 |
| Fiscal Year | 2014 |
| Fiscal Period | Q1 |
| XBRL Instance | fbhs-20140331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
169.10M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
170.20M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$258.90M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$241.40M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$336.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$124.20M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$477.10M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$482.90M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$471.60M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$509.50M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$137.30M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$148.10M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.33B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.26B | USD | Point-in-time |
| Property, plant and equipment, net of accumulated depreciation |
PropertyPlantAndEquipmentNet
|
$534.40M | USD | Point-in-time |
| Property, plant and equipment, net of accumulated depreciation |
PropertyPlantAndEquipmentNet
|
$532.10M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.52B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.52B | USD | Point-in-time |
| Other intangible assets, net of accumulated amortization |
IntangibleAssetsNetExcludingGoodwill
|
$752.90M | USD | Point-in-time |
| Other intangible assets, net of accumulated amortization |
IntangibleAssetsNetExcludingGoodwill
|
$744.90M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$47.10M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$43.50M | USD | Point-in-time |
| Total assets |
Assets
|
$4.11B | USD | Point-in-time |
| Total assets |
Assets
|
$4.18B | USD | Point-in-time |
| Notes payable to banks |
NotesPayableToBankCurrent
|
$9.70M | USD | Point-in-time |
| Notes payable to banks |
NotesPayableToBankCurrent
|
$6.00M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$319.80M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$343.80M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$388.90M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$237.40M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$566.90M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$738.70M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$350.00M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$475.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$245.80M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$247.70M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$177.20M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$190.50M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.47B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.52B | USD | Point-in-time |
| Commitments and contingencies (see Note 16) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (see Note 16) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$1.70M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$1.70M | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapital
|
$2.46B | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapital
|
$2.43B | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$87.80M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$95.40M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$200.80M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$241.80M | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$156.50M | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$79.80M | USD | Point-in-time |
| Total Home & Security stockholders' equity |
StockholdersEquity
|
$2.65B | USD | Point-in-time |
| Total Home & Security stockholders' equity |
StockholdersEquity
|
$2.64B | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$3.70M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$2.80M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.46B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.38B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.65B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.64B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$4.18B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$4.11B | USD | Point-in-time |
Income Statement
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$890.00M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$966.20M | USD | 1 Quarter |
| Cost of products sold |
CostOfGoodsSold
|
$589.80M | USD | 1 Quarter |
| Cost of products sold |
CostOfGoodsSold
|
$651.50M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$246.30M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$240.10M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$2.60M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$4.00M | USD | 1 Quarter |
| Restructuring charges |
RestructuringCharges
|
$900.00K | USD | 1 Quarter |
| Restructuring charges |
RestructuringCharges
|
$2.30M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$62.10M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$56.60M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$1.70M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$1.90M | USD | 1 Quarter |
| Other income, net |
OtherNonoperatingIncomeExpense
|
$500.00K | USD | 1 Quarter |
| Other income, net |
OtherNonoperatingIncomeExpense
|
$200.00K | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$55.10M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$60.70M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$19.50M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$17.60M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$37.50M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$41.20M | USD | 1 Quarter |
| Less: Noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$400.00K | USD | 1 Quarter |
| Less: Noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$200.00K | USD | 1 Quarter |
| Net income attributable to Home & Security |
NetIncomeLoss
|
$40.80M | USD | 1 Quarter |
| Net income attributable to Home & Security |
NetIncomeLoss
|
$37.30M | USD | 1 Quarter |
| Basic earnings per common share |
EarningsPerShareBasic
|
$0.25 | USD | 1 Quarter |
| Basic earnings per common share |
EarningsPerShareBasic
|
$0.23 | USD | 1 Quarter |
| Diluted earnings per common share |
EarningsPerShareDiluted
|
$0.24 | USD | 1 Quarter |
| Diluted earnings per common share |
EarningsPerShareDiluted
|
$0.22 | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$33.40M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$64.60M | USD | 1 Quarter |
Cash Flow Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$37.50M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$41.20M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$19.50M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$19.40M | USD | 1 Quarter |
| Amortization |
AmortizationOfIntangibleAssets
|
$2.60M | USD | 1 Quarter |
| Amortization |
AmortizationOfIntangibleAssets
|
$4.00M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$6.50M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$7.80M | USD | 1 Quarter |
| Recognition of actuarial losses |
DefinedBenefitPlanActuarialGainLoss
|
$-600.00K | USD | 1 Quarter |
| Recognition of actuarial losses |
DefinedBenefitPlanActuarialGainLoss
|
$-4.60M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$11.70M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$7.00M | USD | 1 Quarter |
| Restructuring charges |
RestructuringCosts
|
$1.80M | USD | 1 Quarter |
| Increase in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$7.70M | USD | 1 Quarter |
| Increase in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$48.30M | USD | 1 Quarter |
| Increase in inventories |
IncreaseDecreaseInInventories
|
$23.00M | USD | 1 Quarter |
| Increase in inventories |
IncreaseDecreaseInInventories
|
$39.40M | USD | 1 Quarter |
| (Decrease) increase in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$17.70M | USD | 1 Quarter |
| (Decrease) increase in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-22.50M | USD | 1 Quarter |
| (Increase) decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-7.60M | USD | 1 Quarter |
| (Increase) decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$24.40M | USD | 1 Quarter |
| Decrease in accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-149.90M | USD | 1 Quarter |
| Decrease in accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-103.60M | USD | 1 Quarter |
| Increase (decrease) in accrued taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-500.00K | USD | 1 Quarter |
| Increase (decrease) in accrued taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$700.00K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-156.60M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-72.50M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$14.40M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$21.00M | USD | 1 Quarter |
| Proceeds from the disposition of assets |
ProceedsFromSaleOfProductiveAssets
|
$200.00K | USD | 1 Quarter |
| Proceeds from the disposition of assets |
ProceedsFromSaleOfProductiveAssets
|
$100.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-14.20M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-20.90M | USD | 1 Quarter |
| Increase in short-term debt, net |
ProceedsFromRepaymentsOfShortTermDebt
|
$3.50M | USD | 1 Quarter |
| Increase in short-term debt, net |
ProceedsFromRepaymentsOfShortTermDebt
|
$800.00K | USD | 1 Quarter |
| Issuance of long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$185.00M | USD | 1 Quarter |
| Repayment of long-term debt |
RepaymentsOfLongTermDebt
|
$60.00M | USD | 1 Quarter |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$8.20M | USD | 1 Quarter |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$16.90M | USD | 1 Quarter |
| Treasury stock purchases |
PaymentsForRepurchaseOfCommonStock
|
$13.50M | USD | 1 Quarter |
| Treasury stock purchases |
PaymentsForRepurchaseOfCommonStock
|
$68.70M | USD | 1 Quarter |
| Excess tax benefit from the exercise of stock-based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$15.00M | USD | 1 Quarter |
| Excess tax benefit from the exercise of stock-based compensation |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$6.80M | USD | 1 Quarter |
| Dividends to stockholders |
PaymentsOfDividends
|
$19.90M | USD | 1 Quarter |
| Other financing, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-1.10M | USD | 1 Quarter |
| Other financing, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-1.10M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$62.00M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$9.90M | USD | 1 Quarter |
| Effect of foreign exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-1.70M | USD | 1 Quarter |
| Effect of foreign exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-300.00K | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-117.20M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-77.10M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$258.90M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$241.40M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$336.00M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$124.20M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$258.90M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$241.40M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$336.00M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$124.20M | USD | Point-in-time |
Stockholders Equity
23 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.46B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.38B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.65B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.64B | USD | Point-in-time |
| Net income |
ProfitLoss
|
$37.50M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$41.20M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$-7.80M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$27.10M | USD | 1 Quarter |
| Stock options exercised |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$8.20M | USD | 1 Quarter |
| Stock options exercised |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$16.90M | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$2.40M | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$-300.00K | USD | 1 Quarter |
| Tax benefit on exercise of stock options |
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
|
$15.20M | USD | 1 Quarter |
| Tax benefit on exercise of stock options |
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
|
$6.80M | USD | 1 Quarter |
| Treasury stock purchase |
TreasuryStockValueAcquiredCostMethod
|
$68.70M | USD | 1 Quarter |
| Treasury stock purchase |
TreasuryStockValueAcquiredCostMethod
|
$13.10M | USD | 1 Quarter |
| Other |
StockholdersEquityOther
|
$-200.00K | USD | 1 Quarter |
| Dividends paid to noncontrolling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$1.10M | USD | 1 Quarter |
| Dividends paid to noncontrolling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$1.10M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.46B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.38B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.65B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.64B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.