◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...

10-Q Filing

JBT MAREL CORP CIK: 1433660 Q1 2021
Filing Information
Form Type 10-Q
Accession Number 0001433660-21-000018
Period End Date 20210331
Filing Date 20210430
Fiscal Year 2021
Fiscal Period Q1
XBRL Instance jbt-20210331_htm.xml
Balance Sheet 76 line items
Line Item Tag Value Unit Period
Property, plant and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $334.80M USD Point-in-time
Property, plant and equipment, accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $332.80M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $47.50M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $57.50M USD Point-in-time
Preferred stock , shares authorized (in shares) PreferredStockSharesAuthorized 20.00M shares Point-in-time
Preferred stock , shares authorized (in shares) PreferredStockSharesAuthorized 20.00M shares Point-in-time
Trade receivables, net of allowances AccountsReceivableNetCurrent $236.10M USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Trade receivables, net of allowances AccountsReceivableNetCurrent $204.60M USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Contract assets ContractWithCustomerAssetGrossCurrent $68.30M USD Point-in-time
Contract assets ContractWithCustomerAssetGrossCurrent $76.90M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 120.00M shares Point-in-time
Inventories InventoryNet $195.70M USD Point-in-time
Inventories InventoryNet $197.30M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 120.00M shares Point-in-time
Other current assets OtherAssetsCurrent $66.90M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 31.74M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 31.74M shares Point-in-time
Other current assets OtherAssetsCurrent $62.70M USD Point-in-time
Total current assets AssetsCurrent $616.10M USD Point-in-time
Total current assets AssetsCurrent $597.40M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 31.73M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 31.73M shares Point-in-time
Property, plant and equipment, net of accumulated depreciation of $321.1 and $308.2, respectively PropertyPlantAndEquipmentNet $268.00M USD Point-in-time
Common stock held in treasury (in shares) TreasuryStockShares 11,871.00 shares Point-in-time
Property, plant and equipment, net of accumulated depreciation of $321.1 and $308.2, respectively PropertyPlantAndEquipmentNet $263.30M USD Point-in-time
Common stock held in treasury (in shares) TreasuryStockShares 11,401.00 shares Point-in-time
Goodwill Goodwill $543.90M USD Point-in-time
Goodwill Goodwill $548.00M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $298.60M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $299.10M USD Point-in-time
Other assets OtherAssetsNoncurrent $78.80M USD Point-in-time
Other assets OtherAssetsNoncurrent $87.00M USD Point-in-time
Total Assets Assets $1.81B USD Point-in-time
Total Assets Assets $1.79B USD Point-in-time
Short-term debt DebtCurrent $2.40M USD Point-in-time
Short-term debt DebtCurrent $500.00K USD Point-in-time
Accounts payable, trade and other AccountsPayableCurrent $150.00M USD Point-in-time
Accounts payable, trade and other AccountsPayableCurrent $140.70M USD Point-in-time
Advance and progress payments ContractWithCustomerLiabilityCurrentAdvanceAndProgressPayments $137.50M USD Point-in-time
Advance and progress payments ContractWithCustomerLiabilityCurrentAdvanceAndProgressPayments $145.90M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $173.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $176.90M USD Point-in-time
Total current liabilities LiabilitiesCurrent $469.40M USD Point-in-time
Total current liabilities LiabilitiesCurrent $457.50M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $522.50M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $469.30M USD Point-in-time
Accrued pension and other postretirement benefits, less current portion PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $94.10M USD Point-in-time
Accrued pension and other postretirement benefits, less current portion PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $89.90M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $94.70M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $93.60M USD Point-in-time
Commitments and contingencies (Note 12) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 12) CommitmentsAndContingencies - USD Point-in-time
Preferred stock, $0.01 par value; 20,000,000 shares authorized; no shares issued in 2021 or 2020 PreferredStockValue - USD Point-in-time
Preferred stock, $0.01 par value; 20,000,000 shares authorized; no shares issued in 2021 or 2020 PreferredStockValue - USD Point-in-time
Common stock, $0.01 par value; 120,000,000 shares authorized; September 30, 2020: 31,741,607 issued and 31,729,044 outstanding and December 31, 2019: 31,741,607 issued and 31,666,654 outstanding CommonStockValue $300.00K USD Point-in-time
Common stock, $0.01 par value; 120,000,000 shares authorized; September 30, 2020: 31,741,607 issued and 31,729,044 outstanding and December 31, 2019: 31,741,607 issued and 31,666,654 outstanding CommonStockValue $300.00K USD Point-in-time
Common stock held in treasury, at cost September 30, 2020: 12,563 shares and December 31, 2019: 74,953 shares TreasuryStockValue $1.00M USD Point-in-time
Common stock held in treasury, at cost September 30, 2020: 12,563 shares and December 31, 2019: 74,953 shares TreasuryStockValue $900.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $231.60M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $229.90M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $627.80M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $651.60M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-210.50M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-219.90M USD Point-in-time
Total stockholders' equity StockholdersEquity $569.50M USD Point-in-time
Total stockholders' equity StockholdersEquity $570.70M USD Point-in-time
Total stockholders' equity StockholdersEquity $672.10M USD Point-in-time
Total stockholders' equity StockholdersEquity $637.10M USD Point-in-time
Total Liabilities and Stockholders' Equity LiabilitiesAndStockholdersEquity $1.79B USD Point-in-time
Total Liabilities and Stockholders' Equity LiabilitiesAndStockholdersEquity $1.81B USD Point-in-time
Income Statement 28 line items
Line Item Tag Value Unit Period
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $417.80M USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $457.70M USD 1 Quarter
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $97.30M USD 1 Quarter
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $94.40M USD 1 Quarter
Restructuring expense RestructuringCharges $1.00M USD 1 Quarter
Restructuring expense RestructuringCharges $2.00M USD 1 Quarter
Operating income OperatingIncomeLoss $37.80M USD 1 Quarter
Operating income OperatingIncomeLoss $43.70M USD 1 Quarter
Pension expense, other than service cost PensionExpense $1.00M USD 1 Quarter
Pension expense, other than service cost PensionExpense - USD 1 Quarter
Interest expense, net InterestIncomeExpenseNet $-4.80M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNet $-2.10M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $35.70M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $37.90M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $8.90M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $8.70M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperations $29.00M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperations $27.00M USD 1 Quarter
Net income NetIncomeLoss $29.00M USD 1 Quarter
Net income NetIncomeLoss $27.00M USD 1 Quarter
Income from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.84 USD 1 Quarter
Income from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.91 USD 1 Quarter
Net income (in dollars per share) EarningsPerShareBasic $0.84 USD 1 Quarter
Net income (in dollars per share) EarningsPerShareBasic $0.91 USD 1 Quarter
Income from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.90 USD 1 Quarter
Income from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.84 USD 1 Quarter
Net income (in dollars per share) EarningsPerShareDiluted $0.84 USD 1 Quarter
Net income (in dollars per share) EarningsPerShareDiluted $0.90 USD 1 Quarter
Cash Flow Statement 52 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $29.00M USD 1 Quarter
Net income NetIncomeLoss $27.00M USD 1 Quarter
Depreciation and amortization Depreciation $18.30M USD 1 Quarter
Depreciation and amortization Depreciation $17.50M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $2.50M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $1.80M USD 1 Quarter
Other OtherNoncashIncomeExpense $-1.00M USD 1 Quarter
Other OtherNoncashIncomeExpense $-1.90M USD 1 Quarter
Trade receivables, net and contract assets IncreaseDecreaseInReceivables $-14.70M USD 1 Quarter
Trade receivables, net and contract assets IncreaseDecreaseInReceivables $-20.10M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $2.80M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $900.00K USD 1 Quarter
Accounts payable, trade and other IncreaseDecreaseInAccountsPayable $-36.30M USD 1 Quarter
Accounts payable, trade and other IncreaseDecreaseInAccountsPayable $11.10M USD 1 Quarter
Advance and progress payments IncreaseDecreaseInContractWithCustomerLiabilityAdvanceAndProgressPayments $11.30M USD 1 Quarter
Advance and progress payments IncreaseDecreaseInContractWithCustomerLiabilityAdvanceAndProgressPayments $-800.00K USD 1 Quarter
Accrued pension and other postretirement benefits, net IncreaseDecreaseInPensionAndPostretirementObligations $-200.00K USD 1 Quarter
Accrued pension and other postretirement benefits, net IncreaseDecreaseInPensionAndPostretirementObligations $-200.00K USD 1 Quarter
Other assets and liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $3.80M USD 1 Quarter
Other assets and liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $11.70M USD 1 Quarter
Cash provided by continuing operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $13.80M USD 1 Quarter
Cash provided by continuing operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $85.70M USD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $13.80M USD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $85.70M USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $15.90M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $9.20M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $8.90M USD 1 Quarter
Proceeds from disposal of assets ProceedsFromSaleOfPropertyHeldForSale $800.00K USD 1 Quarter
Proceeds from disposal of assets ProceedsFromSaleOfPropertyHeldForSale $600.00K USD 1 Quarter
Cash required by investing activities NetCashProvidedByUsedInInvestingActivities $-8.40M USD 1 Quarter
Cash required by investing activities NetCashProvidedByUsedInInvestingActivities $-24.20M USD 1 Quarter
Net payments on short-term debt ProceedsFromRepaymentsOfShortTermDebt $-600.00K USD 1 Quarter
Net payments on short-term debt ProceedsFromRepaymentsOfShortTermDebt $-1.90M USD 1 Quarter
Net (payments) proceeds from domestic credit facilities RepaymentsOfLongTermLinesOfCredit $44.90M USD 1 Quarter
Net (payments) proceeds from domestic credit facilities ProceedsFromLongTermLinesOfCredit $38.10M USD 1 Quarter
Dividends PaymentsOfDividends $3.20M USD 1 Quarter
Dividends PaymentsOfDividends $3.20M USD 1 Quarter
Cash (required) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-50.00M USD 1 Quarter
Cash (required) provided by financing activities NetCashProvidedByUsedInFinancingActivities $34.30M USD 1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-1.50M USD 1 Quarter
Effect of foreign exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-3.80M USD 1 Quarter
Increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $10.00M USD 1 Quarter
Increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $35.90M USD 1 Quarter
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $75.40M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $39.50M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $47.50M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $57.50M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $75.40M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $39.50M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $47.50M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $57.50M USD Point-in-time
Stockholders Equity 29 line items
Line Item Tag Value Unit Period
Common stock cash dividends (in usd per share) CommonStockDividendsPerShareDeclared $0.10 USD 1 Quarter
Common stock cash dividends (in usd per share) CommonStockDividendsPerShareDeclared $0.10 USD 1 Quarter
Foreign currency, translation adjustments, tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-1.60M USD 1 Quarter
Foreign currency, translation adjustments, tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $1.10M USD 1 Quarter
Derivatives designated as hedges, tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $1.10M USD 1 Quarter
Derivatives designated as hedges, tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $-600.00K USD 1 Quarter
Pension and other postretirement liability adjustments, tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $500.00K USD 1 Quarter
Pension and other postretirement liability adjustments, tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $600.00K USD 1 Quarter
Beginning balance StockholdersEquity $569.50M USD Point-in-time
Beginning balance StockholdersEquity $570.70M USD Point-in-time
Beginning balance StockholdersEquity $672.10M USD Point-in-time
Beginning balance StockholdersEquity $637.10M USD Point-in-time
Net income NetIncomeLoss $29.00M USD 1 Quarter
Net income NetIncomeLoss $27.00M USD 1 Quarter
Issuance of treasury stock StockIssuedDuringPeriodValueTreasuryStockReissued - USD 1 Quarter
Common stock cash dividends, $0.10 per share DividendsCommonStockCash $3.20M USD 1 Quarter
Common stock cash dividends, $0.10 per share DividendsCommonStockCash $3.20M USD 1 Quarter
Foreign currency translation adjustments, net of income taxes OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-25.20M USD 1 Quarter
Foreign currency translation adjustments, net of income taxes OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $4.50M USD 1 Quarter
Derivatives designated as hedges, net of income taxes OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $3.20M USD 1 Quarter
Derivatives designated as hedges, net of income taxes OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-2.40M USD 1 Quarter
Pension and other postretirement liability adjustments, net of income taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.50M USD 1 Quarter
Pension and other postretirement liability adjustments, net of income taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.70M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.80M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.50M USD 1 Quarter
Ending balance StockholdersEquity $569.50M USD Point-in-time
Ending balance StockholdersEquity $570.70M USD Point-in-time
Ending balance StockholdersEquity $672.10M USD Point-in-time
Ending balance StockholdersEquity $637.10M USD Point-in-time
Comprehensive Income 12 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $29.00M USD 1 Quarter
Net income NetIncomeLoss $27.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-25.20M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $4.50M USD 1 Quarter
Pension and other postretirement benefits adjustments OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.50M USD 1 Quarter
Pension and other postretirement benefits adjustments OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.70M USD 1 Quarter
Derivatives designated as hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $3.20M USD 1 Quarter
Derivatives designated as hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-2.40M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $9.40M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-26.10M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $36.40M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $2.90M USD 1 Quarter

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

NEWS
Loading news...
TRENDING
Loading...