10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001579241-20-000041 |
| Period End Date | 20200331 |
| Filing Date | 20200423 |
| Fiscal Year | 2020 |
| Fiscal Period | Q1 |
| XBRL Instance | alle-20200331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Ordinary shares, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Ordinary shares, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$245.30M | USD | Point-in-time |
| Ordinary shares, issued (in shares) |
CommonStockSharesIssued
|
92.22M | shares | Point-in-time |
| Ordinary shares, issued (in shares) |
CommonStockSharesIssued
|
92.72M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$355.30M | USD | Point-in-time |
| Restricted cash |
RestrictedCashCurrent
|
$3.40M | USD | Point-in-time |
| Ordinary shares, outstanding (in shares) |
CommonStockSharesOutstanding
|
92.72M | shares | Point-in-time |
| Restricted cash |
RestrictedCashCurrent
|
$3.40M | USD | Point-in-time |
| Ordinary shares, outstanding (in shares) |
CommonStockSharesOutstanding
|
92.22M | shares | Point-in-time |
| Accounts and notes receivable, net |
ReceivablesNetCurrent
|
$343.10M | USD | Point-in-time |
| Accounts and notes receivable, net |
ReceivablesNetCurrent
|
$329.80M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$269.90M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$275.50M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$54.70M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$43.40M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$922.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.00B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$291.40M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$289.20M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$873.30M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$773.00M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$510.90M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$485.30M | USD | Point-in-time |
| Other noncurrent assets |
OtherAssetsNoncurrent
|
$289.80M | USD | Point-in-time |
| Other noncurrent assets |
OtherAssetsNoncurrent
|
$288.20M | USD | Point-in-time |
| Total assets |
Assets
|
$2.76B | USD | Point-in-time |
| Total assets |
Assets
|
$2.97B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$198.70M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$221.00M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesCurrent
|
$285.90M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesCurrent
|
$254.60M | USD | Point-in-time |
| Short-term borrowings and current maturities of long-term debt |
DebtCurrent
|
$100.00K | USD | Point-in-time |
| Short-term borrowings and current maturities of long-term debt |
DebtCurrent
|
$3.40M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$507.00M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$456.70M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$1.43B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$1.43B | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$259.20M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$272.20M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.14B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.21B | USD | Point-in-time |
| Ordinary shares, $0.01 par value (92,218,314 and 92,723,682 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively) |
CommonStockValue
|
$900.00K | USD | Point-in-time |
| Ordinary shares, $0.01 par value (92,218,314 and 92,723,682 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively) |
CommonStockValue
|
$900.00K | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
- | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
- | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$861.80M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$975.10M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-251.40M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-238.80M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-218.60M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-223.50M | USD | Point-in-time |
| Total Allegion plc shareholders equity |
StockholdersEquity
|
$611.30M | USD | Point-in-time |
| Total Allegion plc shareholders equity |
StockholdersEquity
|
$757.40M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$2.50M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$3.00M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$760.40M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$654.00M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$637.40M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$613.80M | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$2.97B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$2.76B | USD | Point-in-time |
Income Statement
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net revenues |
Revenues
|
$674.70M | USD | 1 Quarter |
| Net revenues |
Revenues
|
$655.00M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsAndServicesSold
|
$378.10M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsAndServicesSold
|
$381.60M | USD | 1 Quarter |
| Selling and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$167.90M | USD | 1 Quarter |
| Selling and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$168.90M | USD | 1 Quarter |
| Impairment of goodwill and indefinite-lived trade names |
AssetImpairmentCharges
|
- | USD | 1 Quarter |
| Impairment of goodwill and indefinite-lived trade names |
AssetImpairmentCharges
|
$96.30M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$108.00M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$28.90M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$12.90M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$13.70M | USD | 1 Quarter |
| Other expense (income), net |
OtherNonoperatingIncomeExpense
|
$1.10M | USD | 1 Quarter |
| Other expense (income), net |
OtherNonoperatingIncomeExpense
|
$-4.00M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$95.40M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$12.00M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$15.10M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$11.50M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$500.00K | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$80.30M | USD | 1 Quarter |
| Less: Net earnings attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$100.00K | USD | 1 Quarter |
| Less: Net earnings attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$100.00K | USD | 1 Quarter |
| Net earnings attributable to Allegion plc |
NetIncomeLoss
|
$80.20M | USD | 1 Quarter |
| Net earnings attributable to Allegion plc |
NetIncomeLoss
|
$400.00K | USD | 1 Quarter |
| Basic net earnings (in dollars per share) |
EarningsPerShareBasic
|
- | USD | 1 Quarter |
| Basic net earnings (in dollars per share) |
EarningsPerShareBasic
|
$0.85 | USD | 1 Quarter |
| Diluted net earnings (in dollars per share) |
EarningsPerShareDiluted
|
$0.84 | USD | 1 Quarter |
| Diluted net earnings (in dollars per share) |
EarningsPerShareDiluted
|
- | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
92.70M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
94.50M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
95.10M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
93.30M | shares | 1 Quarter |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-32.90M | USD | 1 Quarter |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$65.60M | USD | 1 Quarter |
| Less: Total comprehensive (loss) income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$700.00K | USD | 1 Quarter |
| Less: Total comprehensive (loss) income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-500.00K | USD | 1 Quarter |
| Total comprehensive (loss) income attributable to Allegion plc |
ComprehensiveIncomeNetOfTax
|
$-32.40M | USD | 1 Quarter |
| Total comprehensive (loss) income attributable to Allegion plc |
ComprehensiveIncomeNetOfTax
|
$64.90M | USD | 1 Quarter |
Cash Flow Statement
44 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
ProfitLoss
|
$500.00K | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$80.30M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAmortizationAndAccretionNet
|
$20.70M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAmortizationAndAccretionNet
|
$19.80M | USD | 1 Quarter |
| Impairment of goodwill and indefinite-lived trade names |
AssetImpairmentCharges
|
- | USD | 1 Quarter |
| Impairment of goodwill and indefinite-lived trade names |
AssetImpairmentCharges
|
$96.30M | USD | 1 Quarter |
| Changes in assets and liabilities and other non-cash items |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$113.60M | USD | 1 Quarter |
| Changes in assets and liabilities and other non-cash items |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$85.80M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-12.60M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$30.80M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$12.30M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$11.80M | USD | 1 Quarter |
| Acquisition of and equity investments in businesses, net of cash acquired |
PaymentsToAcquireBusinessesAndInterestInAffiliates
|
- | USD | 1 Quarter |
| Acquisition of and equity investments in businesses, net of cash acquired |
PaymentsToAcquireBusinessesAndInterestInAffiliates
|
$4.60M | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$7.00M | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$800.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-17.70M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-18.80M | USD | 1 Quarter |
| Short-term borrowings (repayments), net |
ProceedsFromRepaymentsOfShortTermDebt
|
$3.20M | USD | 1 Quarter |
| Short-term borrowings (repayments), net |
ProceedsFromRepaymentsOfShortTermDebt
|
$-200.00K | USD | 1 Quarter |
| Payments of other long-term debt |
RepaymentsOfLongTermDebt
|
$8.80M | USD | 1 Quarter |
| Payments of other long-term debt |
RepaymentsOfLongTermDebt
|
- | USD | 1 Quarter |
| Debt proceeds (repayments), net |
ProceedsFromRepaymentsOfDebt
|
$-9.00M | USD | 1 Quarter |
| Debt proceeds (repayments), net |
ProceedsFromRepaymentsOfDebt
|
$3.20M | USD | 1 Quarter |
| Dividends paid to ordinary shareholders |
PaymentsOfDividendsCommonStock
|
$25.20M | USD | 1 Quarter |
| Dividends paid to ordinary shareholders |
PaymentsOfDividendsCommonStock
|
$29.00M | USD | 1 Quarter |
| Repurchase of ordinary shares |
PaymentsForRepurchaseOfCommonStock
|
$63.80M | USD | 1 Quarter |
| Repurchase of ordinary shares |
PaymentsForRepurchaseOfCommonStock
|
$94.10M | USD | 1 Quarter |
| Other financing activities, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-1.20M | USD | 1 Quarter |
| Other financing activities, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$3.10M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-99.20M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-116.80M | USD | 1 Quarter |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-5.20M | USD | 1 Quarter |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-500.00K | USD | 1 Quarter |
| Net decrease in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-110.00M | USD | 1 Quarter |
| Net decrease in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-130.00M | USD | 1 Quarter |
| Cash, cash equivalents and restricted cash - beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$358.70M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash - beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$160.60M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash - beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$290.60M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash - beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$248.70M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash - end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$358.70M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash - end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$160.60M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash - end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$290.60M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash - end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$248.70M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.