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10-Q Filing

AMPHENOL CORP /DE/ CIK: 820313 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0001558370-18-003892
Period End Date 20180331
Filing Date 20180503
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance aph-20180331.xml
Filing Contents
Balance Sheet 68 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $23.00M USD Point-in-time
Accounts receivable, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $23.90M USD Point-in-time
Accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $1.26B USD Point-in-time
Accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $1.20B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.03B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.00B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.24B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.72B USD Point-in-time
Short-term investments ShortTermInvestments $34.60M USD Point-in-time
Short-term investments ShortTermInvestments $24.10M USD Point-in-time
Total cash, cash equivalents and short-term investments CashCashEquivalentsAndShortTermInvestments $1.02B USD Point-in-time
Total cash, cash equivalents and short-term investments CashCashEquivalentsAndShortTermInvestments $1.75B USD Point-in-time
Accounts receivable, less allowance for doubtful accounts of $23.9 and $23.0, respectively AccountsReceivableNetCurrent $1.60B USD Point-in-time
Accounts receivable, less allowance for doubtful accounts of $23.9 and $23.0, respectively AccountsReceivableNetCurrent $1.52B USD Point-in-time
Inventories InventoryNet $1.17B USD Point-in-time
Inventories InventoryNet $1.11B USD Point-in-time
Other current assets OtherAssetsCurrent $196.80M USD Point-in-time
Other current assets OtherAssetsCurrent $230.20M USD Point-in-time
Total current assets AssetsCurrent $4.66B USD Point-in-time
Total current assets AssetsCurrent $3.94B USD Point-in-time
Property, plant and equipment, less accumulated depreciation of $1,257.4 and $1,200.1, respectively PropertyPlantAndEquipmentNet $816.80M USD Point-in-time
Property, plant and equipment, less accumulated depreciation of $1,257.4 and $1,200.1, respectively PropertyPlantAndEquipmentNet $839.30M USD Point-in-time
Goodwill Goodwill $4.15B USD Point-in-time
Goodwill Goodwill $4.04B USD Point-in-time
Intangibles, net and other long-term assets IntangiblesAndOtherLongTermAssets $488.50M USD Point-in-time
Intangibles, net and other long-term assets IntangiblesAndOtherLongTermAssets $480.80M USD Point-in-time
Total assets Assets $9.40B USD Point-in-time
Total assets Assets $10.00B USD Point-in-time
Accounts payable AccountsPayableCurrent $875.60M USD Point-in-time
Accounts payable AccountsPayableCurrent $798.20M USD Point-in-time
Accrued salaries, wages and employee benefits EmployeeRelatedLiabilitiesCurrent $141.30M USD Point-in-time
Accrued salaries, wages and employee benefits EmployeeRelatedLiabilitiesCurrent $151.60M USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $166.30M USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $154.20M USD Point-in-time
Accrued dividends DividendsPayableCurrent $57.40M USD Point-in-time
Accrued dividends DividendsPayableCurrent $58.10M USD Point-in-time
Other accrued expenses OtherLiabilitiesCurrent $338.80M USD Point-in-time
Other accrued expenses OtherLiabilitiesCurrent $271.60M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $749.90M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $1.10M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.58B USD Point-in-time
Total current liabilities LiabilitiesCurrent $2.18B USD Point-in-time
Long-term debt, less current portion LongTermDebtNoncurrent $3.54B USD Point-in-time
Long-term debt, less current portion LongTermDebtNoncurrent $2.49B USD Point-in-time
Accrued pension and postretirement benefit obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $190.50M USD Point-in-time
Accrued pension and postretirement benefit obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $272.00M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $241.20M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $243.30M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $326.40M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $327.90M 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 $1.28B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.25B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.94B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.77B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-201.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-139.70M USD Point-in-time
Total shareholders' equity attributable to Amphenol Corporation StockholdersEquity $3.91B USD Point-in-time
Total shareholders' equity attributable to Amphenol Corporation StockholdersEquity $3.99B USD Point-in-time
Noncontrolling interests MinorityInterest $54.00M USD Point-in-time
Noncontrolling interests MinorityInterest $53.60M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.97B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.04B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.75B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.72B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $9.40B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $10.00B USD Point-in-time
Income Statement 35 line items
Line Item Tag Value Unit Period
Net sales Revenues $1.87B USD 1 Quarter
Net sales Revenues $1.56B USD 1 Quarter
Cost of sales CostOfRevenue $1.26B USD 1 Quarter
Cost of sales CostOfRevenue $1.04B USD 1 Quarter
Gross profit GrossProfit $515.90M USD 1 Quarter
Gross profit GrossProfit $606.90M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $230.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $201.80M USD 1 Quarter
Operating income OperatingIncomeLoss $314.10M USD 1 Quarter
Operating income OperatingIncomeLoss $376.90M USD 1 Quarter
Interest expense InterestExpense $24.50M USD 1 Quarter
Interest expense InterestExpense $19.30M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $2.30M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $3.60M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $354.70M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $298.40M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $86.40M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $71.10M USD 1 Quarter
Net income ProfitLoss $268.30M USD 1 Quarter
Net income ProfitLoss $227.30M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.40M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.70M USD 1 Quarter
Net income attributable to Amphenol Corporation NetIncomeLoss $224.90M USD 1 Quarter
Net income attributable to Amphenol Corporation NetIncomeLoss $265.60M USD 1 Quarter
Net income per common share Basic (in dollars per share) EarningsPerShareBasic $0.73 USD 1 Quarter
Net income per common share Basic (in dollars per share) EarningsPerShareBasic $0.87 USD 1 Quarter
Weighted average common shares outstanding Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 303.70M shares 1 Quarter
Weighted average common shares outstanding Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 306.60M shares 1 Quarter
Net income per common share Diluted (in dollars per share) EarningsPerShareDiluted $0.71 USD 1 Quarter
Net income per common share Diluted (in dollars per share) EarningsPerShareDiluted $0.84 USD 1 Quarter
Weighted average common shares outstanding Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 316.40M shares 1 Quarter
Weighted average common shares outstanding Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 316.00M shares 1 Quarter
Dividends declared per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.23 USD Point-in-time
Dividends declared per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.16 USD 1 Quarter
Dividends declared per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.19 USD 1 Quarter
Cash Flow Statement 54 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $268.30M USD 1 Quarter
Net income ProfitLoss $227.30M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $60.50M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $54.10M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $12.10M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $12.70M USD 1 Quarter
Deferred income tax (benefit) provision DeferredIncomeTaxExpenseBenefit $4.50M USD 1 Quarter
Deferred income tax (benefit) provision DeferredIncomeTaxExpenseBenefit $-200.00K USD 1 Quarter
Net change in components of working capital IncreaseDecreaseInComponentsOfWorkingCapital $133.30M USD 1 Quarter
Net change in components of working capital IncreaseDecreaseInComponentsOfWorkingCapital $66.80M USD 1 Quarter
Net change in other long-term assets and liabilities IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet $77.80M USD 1 Quarter
Net change in other long-term assets and liabilities IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet $-6.60M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $130.20M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $237.80M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $48.70M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $54.90M USD 1 Quarter
Proceeds from disposals of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $300.00K USD 1 Quarter
Proceeds from disposals of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $800.00K USD 1 Quarter
Purchases of short-term investments PaymentsToAcquireShortTermInvestments $6.80M USD 1 Quarter
Purchases of short-term investments PaymentsToAcquireShortTermInvestments $18.20M USD 1 Quarter
Sales and maturities of short-term investments ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments $122.10M USD 1 Quarter
Sales and maturities of short-term investments ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments $18.10M USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $99.50M USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $46.60M USD 1 Quarter
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-142.30M USD 1 Quarter
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $8.90M USD 1 Quarter
(Repayments) borrowings under commercial paper program, net ProceedsFromRepaymentsOfCommercialPaper $-304.80M USD 1 Quarter
(Repayments) borrowings under commercial paper program, net ProceedsFromRepaymentsOfCommercialPaper $225.30M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $20.60M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $23.70M USD 1 Quarter
Distributions to shareholders of noncontrolling interests PaymentsToNoncontrollingInterestsIncludingDividends $3.90M USD 1 Quarter
Distributions to shareholders of noncontrolling interests PaymentsToNoncontrollingInterestsIncludingDividends $4.20M USD 1 Quarter
Purchase and retirement of treasury stock PaymentsForRepurchaseOfCommonStock $382.00M USD 1 Quarter
Purchase and retirement of treasury stock PaymentsForRepurchaseOfCommonStock $249.20M USD 1 Quarter
Dividend payments PaymentsOfDividendsCommonStock $58.10M USD 1 Quarter
Dividend payments PaymentsOfDividendsCommonStock $49.30M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-728.20M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-53.70M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $15.30M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $21.40M USD 1 Quarter
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $208.30M USD 1 Quarter
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-718.90M USD 1 Quarter
Cash and cash equivalents balance, beginning of period CashAndCashEquivalentsAtCarryingValue $1.03B USD Point-in-time
Cash and cash equivalents balance, beginning of period CashAndCashEquivalentsAtCarryingValue $1.00B USD Point-in-time
Cash and cash equivalents balance, beginning of period CashAndCashEquivalentsAtCarryingValue $1.24B USD Point-in-time
Cash and cash equivalents balance, beginning of period CashAndCashEquivalentsAtCarryingValue $1.72B USD Point-in-time
Cash and cash equivalents balance, end of period CashAndCashEquivalentsAtCarryingValue $1.03B USD Point-in-time
Cash and cash equivalents balance, end of period CashAndCashEquivalentsAtCarryingValue $1.00B USD Point-in-time
Cash and cash equivalents balance, end of period CashAndCashEquivalentsAtCarryingValue $1.24B USD Point-in-time
Cash and cash equivalents balance, end of period CashAndCashEquivalentsAtCarryingValue $1.72B USD Point-in-time
Interest InterestPaidNet $41.00M USD 1 Quarter
Interest InterestPaidNet $32.40M USD 1 Quarter
Income taxes IncomeTaxesPaidNet $75.90M USD 1 Quarter
Income taxes IncomeTaxesPaidNet $77.40M USD 1 Quarter
Comprehensive Income 18 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $268.30M USD 1 Quarter
Net income ProfitLoss $227.30M USD 1 Quarter
Defined benefit plan adjustment, tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-1.60M USD 1 Quarter
Defined benefit plan adjustment, tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-2.20M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $62.90M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $58.70M USD 1 Quarter
Unrealized gain (loss) on cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-900.00K USD 1 Quarter
Unrealized gain (loss) on cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $100.00K USD 1 Quarter
Defined benefit plan adjustment, net of tax of ($1.6) and ($2.2), respectively OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-4.20M USD 1 Quarter
Defined benefit plan adjustment, net of tax of ($1.6) and ($2.2), respectively OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-5.00M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $62.80M USD 1 Quarter
Total other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $67.20M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $331.10M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $294.50M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.90M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $4.20M USD 1 Quarter
Comprehensive income attributable to Amphenol Corporation ComprehensiveIncomeNetOfTax $291.60M USD 1 Quarter
Comprehensive income attributable to Amphenol Corporation ComprehensiveIncomeNetOfTax $326.90M USD 1 Quarter

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

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