10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001350593-21-000008 |
| Period End Date | 20201231 |
| Filing Date | 20210204 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | mwa-20201231_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Series A common stock, shares authorized |
CommonStockSharesAuthorized
|
600.00M | shares | Point-in-time |
| Series A common stock, shares authorized |
CommonStockSharesAuthorized
|
600.00M | shares | Point-in-time |
| Series A common stock, shares outstanding |
CommonStockSharesOutstanding
|
158.06M | shares | Point-in-time |
| Series A common stock, shares outstanding |
CommonStockSharesOutstanding
|
158.32M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$208.90M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$220.80M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$176.70M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$136.80M | USD | Point-in-time |
| Receivables, net |
AccountsReceivableNetCurrent
|
$157.40M | USD | Point-in-time |
| Receivables, net |
AccountsReceivableNetCurrent
|
$180.80M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$167.20M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$162.50M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$29.00M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$30.30M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$581.20M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$577.90M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$253.80M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$261.40M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$101.10M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$99.80M | USD | Point-in-time |
| Identifiable intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$403.80M | USD | Point-in-time |
| Identifiable intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$408.90M | USD | Point-in-time |
| Other noncurrent assets |
OtherAssetsNoncurrent
|
$51.30M | USD | Point-in-time |
| Other noncurrent assets |
OtherAssetsNoncurrent
|
$53.30M | USD | Point-in-time |
| Total assets |
Assets
|
$1.40B | USD | Point-in-time |
| Total assets |
Assets
|
$1.40B | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$1.10M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$1.10M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$67.30M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$58.20M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$77.00M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$86.60M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$136.30M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$155.00M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$446.50M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$446.60M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
|
$96.50M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
|
$99.20M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$60.20M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$56.30M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$742.30M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$754.30M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$1.60M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$1.60M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.37B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.38B | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-697.60M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-714.20M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-19.70M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-24.70M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$655.20M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$640.70M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.40B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.40B | USD | Point-in-time |
| Restricted Cash |
RestrictedCash
|
$2.20M | USD | Point-in-time |
| Restricted Cash |
RestrictedCash
|
- | USD | Point-in-time |
Income Statement
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
Revenues
|
$212.60M | USD | 1 Quarter |
| Net sales |
Revenues
|
$237.40M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$140.00M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$159.00M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$72.60M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$78.40M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$49.20M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$49.90M | USD | 1 Quarter |
| Restructuring and other charges |
RestructuringCharges
|
$2.40M | USD | 1 Quarter |
| Restructuring and other charges |
RestructuringCharges
|
$1.40M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$52.30M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$50.60M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$20.30M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$27.80M | USD | 1 Quarter |
| Pension costs (benefits) other then service |
DefinedBenefitPlanNetPeriodicBenefitCostotherthanServiceCost
|
$-800.00K | USD | 1 Quarter |
| Pension costs (benefits) other then service |
DefinedBenefitPlanNetPeriodicBenefitCostotherthanServiceCost
|
$-700.00K | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-6.10M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-7.40M | USD | 1 Quarter |
| Walter Energy Accrual |
OtherNonoperatingExpense
|
- | USD | 1 Quarter |
| Walter Energy Accrual |
OtherNonoperatingExpense
|
$200.00K | USD | 1 Quarter |
| Net other expense |
NonoperatingIncomeExpense
|
$-6.90M | USD | 1 Quarter |
| Net other expense |
NonoperatingIncomeExpense
|
$-5.30M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$13.40M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$22.50M | USD | 1 Quarter |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$3.10M | USD | 1 Quarter |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$5.80M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$10.30M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$16.70M | USD | 1 Quarter |
| Earnings Per Share, Basic |
EarningsPerShareBasic
|
$0.07 | USD | 1 Quarter |
| Earnings Per Share, Basic |
EarningsPerShareBasic
|
$0.11 | USD | 1 Quarter |
| Earnings Per Share, Diluted |
EarningsPerShareDiluted
|
$0.06 | USD | 1 Quarter |
| Earnings Per Share, Diluted |
EarningsPerShareDiluted
|
$0.11 | USD | 1 Quarter |
| Basic, in shares |
WeightedAverageNumberOfSharesOutstandingBasic
|
158.10M | shares | 1 Quarter |
| Basic, in shares |
WeightedAverageNumberOfSharesOutstandingBasic
|
157.70M | shares | 1 Quarter |
| Diluted, in shares |
WeightedAverageNumberOfDilutedSharesOutstanding
|
158.80M | shares | 1 Quarter |
| Diluted, in shares |
WeightedAverageNumberOfDilutedSharesOutstanding
|
158.70M | shares | 1 Quarter |
| Dividends declared per share, in dollars per share |
CommonStockDividendsPerShareDeclared
|
$0.05 | USD | 1 Quarter |
| Dividends declared per share, in dollars per share |
CommonStockDividendsPerShareDeclared
|
$0.06 | USD | 1 Quarter |
Cash Flow Statement
66 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$10.30M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$16.70M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$7.00M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$7.70M | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$7.00M | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$7.00M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$1.90M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$1.30M | USD | 1 Quarter |
| Retirement plans |
PensionAndOtherPostretirementBenefitExpense
|
$700.00K | USD | 1 Quarter |
| Retirement plans |
PensionAndOtherPostretirementBenefitExpense
|
$-500.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$1.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$1.60M | USD | 1 Quarter |
| Other noncash income (expense) |
OtherNoncashIncomeExpense
|
$-1.40M | USD | 1 Quarter |
| Other noncash income (expense) |
OtherNoncashIncomeExpense
|
$400.00K | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$-41.00M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$-24.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$4.80M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$21.00M | USD | 1 Quarter |
| Other current assets and other noncurrent assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-3.60M | USD | 1 Quarter |
| Other current assets and other noncurrent assets |
IncreaseDecreaseInOtherOperatingAssets
|
$1.30M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-26.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-9.40M | USD | 1 Quarter |
| Walter Energy Accrual |
IncreaseDecreaseInOtherCurrentLiabilities
|
$-22.00M | USD | 1 Quarter |
| Walter Energy Accrual |
IncreaseDecreaseInOtherCurrentLiabilities
|
- | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-12.80M | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-9.90M | USD | 1 Quarter |
| Long-term liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-300.00K | USD | 1 Quarter |
| Long-term liabilities |
IncreaseDecreaseInOtherNoncurrentLiabilities
|
$-2.10M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities, total |
NetCashProvidedByUsedInOperatingActivities
|
$34.10M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities, total |
NetCashProvidedByUsedInOperatingActivities
|
$-12.40M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$15.20M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$15.60M | USD | 1 Quarter |
| Proceeds from sales of assets |
ProceedsFromSaleOfProductiveAssets
|
$100.00K | USD | 1 Quarter |
| Proceeds from sales of assets |
ProceedsFromSaleOfProductiveAssets
|
$100.00K | USD | 1 Quarter |
| Net cash provided by (used in) investing activities, total |
NetCashProvidedByUsedInInvestingActivities
|
$-15.50M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities, total |
NetCashProvidedByUsedInInvestingActivities
|
$-15.10M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$8.70M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$8.30M | USD | 1 Quarter |
| Acquisition of joint venture partner's interest |
PaymentsToMinorityShareholders
|
$5.20M | USD | 1 Quarter |
| Acquisition of joint venture partner's interest |
PaymentsToMinorityShareholders
|
- | USD | 1 Quarter |
| Shares retained for employee taxes |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$700.00K | USD | 1 Quarter |
| Shares retained for employee taxes |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$900.00K | USD | 1 Quarter |
| Common stock issued |
ProceedsFromIssuanceOfCommonStock
|
$600.00K | USD | 1 Quarter |
| Common stock issued |
ProceedsFromIssuanceOfCommonStock
|
$1.40M | USD | 1 Quarter |
| Proceeds from Other Equity |
ProceedsFromOtherEquity
|
- | USD | 1 Quarter |
| Proceeds from Other Equity |
ProceedsFromOtherEquity
|
$3.90M | USD | 1 Quarter |
| Payments of financing costs |
PaymentsOfFinancingCosts
|
$500.00K | USD | 1 Quarter |
| Payments of financing costs |
PaymentsOfFinancingCosts
|
- | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-200.00K | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
- | USD | 1 Quarter |
| Net cash provided by (used in) financing activities, total |
NetCashProvidedByUsedInFinancingActivities
|
$-12.80M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities, total |
NetCashProvidedByUsedInFinancingActivities
|
$-5.80M | USD | 1 Quarter |
| Effect of currency exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$1.30M | USD | 1 Quarter |
| Effect of currency exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$400.00K | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$14.10M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-39.90M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$220.80M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$208.90M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$176.70M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$136.80M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$208.90M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$220.80M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$176.70M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$136.80M | USD | Point-in-time |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$223.00M | USD | Point-in-time |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$208.90M | USD | Point-in-time |
Stockholders Equity
17 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$5.00M | USD | 1 Quarter |
| Common stock, value, issued |
CommonStockValue
|
$1.60M | USD | Point-in-time |
| Common stock, value, issued |
CommonStockValue
|
$1.60M | USD | Point-in-time |
| Common stock, dividends, per share, declared |
CommonStockDividendsPerShareDeclared
|
$0.05 | USD | 1 Quarter |
| Common stock, dividends, per share, declared |
CommonStockDividendsPerShareDeclared
|
$0.06 | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$655.20M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$640.70M | USD | Point-in-time |
| Stock issued under stock compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
- | USD | 1 Quarter |
| Stock issued under stock compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
- | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$10.30M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$16.70M | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$655.20M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$640.70M | USD | Point-in-time |
| Stockholders' Equity Attributable to Parent |
StockholdersEquity
|
$595.00M | USD | Point-in-time |
| Stockholders' Equity Attributable to Parent |
StockholdersEquity
|
$655.20M | USD | Point-in-time |
| Acquisition of joint venture partner's interest |
PaymentsToMinorityShareholders
|
$5.20M | USD | 1 Quarter |
| Acquisition of joint venture partner's interest |
PaymentsToMinorityShareholders
|
- | USD | 1 Quarter |
Comprehensive Income
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$10.30M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$16.70M | USD | 1 Quarter |
| Other comprehensive (income) loss, pension, before tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
$-700.00K | USD | 1 Quarter |
| Other comprehensive (income) loss, pension, before tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
$-700.00K | USD | 1 Quarter |
| Other comprehensive income (loss), pension income tax effects |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
$-200.00K | USD | 1 Quarter |
| Other comprehensive income (loss), pension income tax effects |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
$-200.00K | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$4.50M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$3.50M | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$5.00M | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$4.00M | USD | 1 Quarter |
| Comprehensive income (loss), net of tax |
ComprehensiveIncomeNetOfTax
|
$14.30M | USD | 1 Quarter |
| Comprehensive income (loss), net of tax |
ComprehensiveIncomeNetOfTax
|
$21.70M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.