10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001579241-22-000041 |
| Period End Date | 20220331 |
| Filing Date | 20220426 |
| Fiscal Year | 2022 |
| Fiscal Period | Q1 |
| XBRL Instance | alle-20220331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
60 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 |
| Ordinary shares, issued (in shares) |
CommonStockSharesIssued
|
87.80M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$397.90M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$305.10M | USD | Point-in-time |
| Ordinary shares, issued (in shares) |
CommonStockSharesIssued
|
88.22M | shares | Point-in-time |
| Accounts and notes receivable, net |
ReceivablesNetCurrent
|
$283.30M | USD | Point-in-time |
| Accounts and notes receivable, net |
ReceivablesNetCurrent
|
$324.30M | USD | Point-in-time |
| Ordinary shares, outstanding (in shares) |
CommonStockSharesOutstanding
|
87.80M | shares | Point-in-time |
| Ordinary shares, outstanding (in shares) |
CommonStockSharesOutstanding
|
88.22M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$402.90M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$380.40M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$45.00M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$56.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.12B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.08B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$280.80M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$283.70M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$803.80M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$796.40M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$434.00M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$447.50M | USD | Point-in-time |
| Other noncurrent assets |
OtherAssetsNoncurrent
|
$419.10M | USD | Point-in-time |
| Other noncurrent assets |
OtherAssetsNoncurrent
|
$398.40M | USD | Point-in-time |
| Total assets |
Assets
|
$3.01B | USD | Point-in-time |
| Total assets |
Assets
|
$3.05B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$258.40M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$259.10M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesCurrent
|
$310.50M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesCurrent
|
$329.50M | USD | Point-in-time |
| Short-term borrowings and current maturities of long-term debt |
DebtCurrent
|
$12.60M | USD | Point-in-time |
| Short-term borrowings and current maturities of long-term debt |
DebtCurrent
|
$12.60M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$581.50M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$601.20M | 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
|
$254.30M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$257.90M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.26B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.29B | USD | Point-in-time |
| Ordinary shares, $0.01 par value (87,801,145 and 88,215,625 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively) |
CommonStockValue
|
$900.00K | USD | Point-in-time |
| Ordinary shares, $0.01 par value (87,801,145 and 88,215,625 shares issued and outstanding at March 31, 2022 and December 31, 2021, 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
|
$952.60M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$956.10M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-215.40M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-189.10M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-157.10M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-194.40M | USD | Point-in-time |
| Total Allegion plc shareholders equity |
StockholdersEquity
|
$759.10M | USD | Point-in-time |
| Total Allegion plc shareholders equity |
StockholdersEquity
|
$741.60M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$3.40M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$3.30M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$745.00M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$731.00M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$832.60M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$762.40M | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$3.05B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$3.01B | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net revenues |
Revenues
|
$694.30M | USD | 1 Quarter |
| Net revenues |
Revenues
|
$723.60M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsAndServicesSold
|
$396.90M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsAndServicesSold
|
$434.90M | USD | 1 Quarter |
| Selling and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$166.10M | USD | 1 Quarter |
| Selling and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$171.70M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$117.00M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$131.30M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$12.30M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$11.90M | USD | 1 Quarter |
| Other income, net |
OtherNonoperatingIncomeExpense
|
$2.20M | USD | 1 Quarter |
| Other income, net |
OtherNonoperatingIncomeExpense
|
$3.50M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$107.30M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$122.50M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$14.20M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$14.30M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$93.10M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$108.20M | USD | 1 Quarter |
| Less: Net earnings attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$200.00K | USD | 1 Quarter |
| Less: Net earnings attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$100.00K | USD | 1 Quarter |
| Net earnings attributable to Allegion plc |
NetIncomeLoss
|
$93.00M | USD | 1 Quarter |
| Net earnings attributable to Allegion plc |
NetIncomeLoss
|
$108.00M | USD | 1 Quarter |
| Basic net earnings (in dollars per share) |
EarningsPerShareBasic
|
$1.05 | USD | 1 Quarter |
| Basic net earnings (in dollars per share) |
EarningsPerShareBasic
|
$1.19 | USD | 1 Quarter |
| Diluted net earnings (in dollars per share) |
EarningsPerShareDiluted
|
$1.05 | USD | 1 Quarter |
| Diluted net earnings (in dollars per share) |
EarningsPerShareDiluted
|
$1.18 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
88.20M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
90.70M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
91.20M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
88.60M | shares | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$76.20M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$72.10M | USD | 1 Quarter |
| Less: Total comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$100.00K | USD | 1 Quarter |
| Less: Total comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$200.00K | USD | 1 Quarter |
| Total comprehensive income attributable to Allegion plc |
ComprehensiveIncomeNetOfTax
|
$76.00M | USD | 1 Quarter |
| Total comprehensive income attributable to Allegion plc |
ComprehensiveIncomeNetOfTax
|
$72.00M | USD | 1 Quarter |
Cash Flow Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
ProfitLoss
|
$93.10M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$108.20M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAmortizationAndAccretionNet
|
$20.40M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAmortizationAndAccretionNet
|
$21.40M | USD | 1 Quarter |
| Changes in assets and liabilities and other non-cash items |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$93.00M | USD | 1 Quarter |
| Changes in assets and liabilities and other non-cash items |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$17.80M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$111.80M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$20.50M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$6.30M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$8.70M | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-1.70M | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-2.40M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-4.60M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-6.30M | USD | 1 Quarter |
| Debt repayments, net |
ProceedsFromRepaymentsOfDebt
|
- | USD | 1 Quarter |
| Debt repayments, net |
ProceedsFromRepaymentsOfDebt
|
$-3.10M | USD | 1 Quarter |
| Dividends paid to ordinary shareholders |
PaymentsOfDividendsCommonStock
|
$32.50M | USD | 1 Quarter |
| Dividends paid to ordinary shareholders |
PaymentsOfDividendsCommonStock
|
$35.80M | USD | 1 Quarter |
| Repurchase of ordinary shares |
PaymentsForRepurchaseOfCommonStock
|
$61.00M | USD | 1 Quarter |
| Repurchase of ordinary shares |
PaymentsForRepurchaseOfCommonStock
|
$149.70M | USD | 1 Quarter |
| Other financing activities, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-5.00M | USD | 1 Quarter |
| Other financing activities, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-5.00M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-104.90M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-187.20M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-2.10M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-6.10M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-86.10M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-92.80M | USD | 1 Quarter |
| Cash and cash equivalents - beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$394.30M | USD | Point-in-time |
| Cash and cash equivalents - beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$397.90M | USD | Point-in-time |
| Cash and cash equivalents - beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$480.40M | USD | Point-in-time |
| Cash and cash equivalents - beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$305.10M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$394.30M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$397.90M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$480.40M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$305.10M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.