Ingevity Corporation(NYSE:NGVT)
Ingevity Corporation manufactures and sells specialty chemicals and activated carbon materials in North America, the Asia-Pacific, Europe, the Middle East, Africa, and South America. The company operates through two segments, Performance Materials and Performance Chemicals. The Performance Materials...
Website: http://www.ingevity.com
Founded: 1964
Full Time Employees: 1,850
Sector: Basic Materials
Industry: Specialty Chemicals
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net sales | 258,000,000 | 255,100,000 | 333,100,000 | 365,100,000 | 284,000,000 | 298,800,000 | 376,900,000 | 390,600,000 | 340,100,000 | 371,700,000 | 446,000,000 | 481,800,000 | 392,600,000 | 383,600,000 | 482,000,000 | 419,900,000 | 382,800,000 | 336,000,000 | 376,800,000 | 358,400,000 | 320,300,000 | 325,600,000 | 331,700,000 | 270,600,000 | 288,200,000 | 303,400,000 | 359,900,000 | 352,800,000 | 276,800,000 | 278,600,000 | 311,200,000 | 308,600,000 | 235,200,000 | 229,500,000 | 264,100,000 | 260,300,000 | 218,500,000 | 203,700,000 | 252,000,000 | 248,700,000 | 203,900,000 |
yoy | -9.15% | -14.63% | -11.62% | -6.53% | -16.50% | -19.61% | -15.49% | -18.93% | -13.37% | -3.10% | -7.47% | 14.74% | 2.56% | 14.17% | 27.92% | 17.16% | 19.51% | 3.19% | 13.60% | 32.45% | 11.14% | 7.32% | -7.84% | -23.30% | 4.12% | 8.90% | 15.65% | 14.32% | 17.69% | 21.39% | 17.83% | 18.56% | 7.64% | 12.67% | 4.80% | 4.66% | 7.16% | ||||
qoq | 1.14% | -23.42% | -8.76% | 28.56% | -4.95% | -20.72% | -3.51% | 14.85% | -8.50% | -16.66% | -7.43% | 22.72% | 2.35% | -20.41% | 14.79% | 9.69% | 13.93% | -10.83% | 5.13% | 11.90% | -1.63% | -1.84% | 22.58% | -6.11% | -5.01% | -15.70% | 2.01% | 27.46% | -0.65% | -10.48% | 0.84% | 31.21% | 2.48% | -13.10% | 1.46% | 19.13% | 7.27% | -19.17% | 1.33% | 21.97% | |
cost of sales | 141,600,000 | 167,300,000 | 199,200,000 | 227,200,000 | 170,600,000 | 196,900,000 | 247,000,000 | 267,400,000 | 240,400,000 | 312,200,000 | 317,000,000 | 328,800,000 | 262,200,000 | 278,200,000 | 305,700,000 | 269,300,000 | 245,000,000 | 231,000,000 | 235,000,000 | 218,600,000 | 194,100,000 | 198,200,000 | 192,100,000 | 186,700,000 | 173,600,000 | 192,400,000 | 220,400,000 | 218,400,000 | 179,700,000 | 181,000,000 | 192,600,000 | 193,100,000 | 150,100,000 | 154,200,000 | 170,900,000 | 170,500,000 | 147,800,000 | 146,400,000 | 171,000,000 | 172,600,000 | 143,900,000 |
gross profit | 116,400,000 | 87,800,000 | 133,900,000 | 137,900,000 | 113,400,000 | 101,900,000 | 129,900,000 | 123,200,000 | 99,700,000 | 59,500,000 | 129,000,000 | 153,000,000 | 130,400,000 | 105,400,000 | 176,300,000 | 150,600,000 | 137,800,000 | 105,000,000 | 141,800,000 | 139,800,000 | 126,200,000 | 127,400,000 | 139,600,000 | 83,900,000 | 114,600,000 | 111,000,000 | 139,500,000 | 134,400,000 | 97,100,000 | 97,600,000 | 118,600,000 | 115,500,000 | 85,100,000 | 75,300,000 | 93,200,000 | 89,800,000 | 70,700,000 | 57,300,000 | 81,000,000 | 76,100,000 | 60,000,000 |
yoy | 2.65% | -13.84% | 3.08% | 11.93% | 13.74% | 71.26% | 0.70% | -19.48% | -23.54% | -43.55% | -26.83% | 1.59% | -5.37% | 0.38% | 24.33% | 7.73% | 9.19% | -17.58% | 1.58% | 66.63% | 10.12% | 14.77% | 0.07% | -37.57% | 18.02% | 13.73% | 17.62% | 16.36% | 14.10% | 29.61% | 27.25% | 28.62% | 20.37% | 31.41% | 15.06% | 18.00% | 17.83% | ||||
qoq | 32.57% | -34.43% | -2.90% | 21.60% | 11.29% | -21.56% | 5.44% | 23.57% | 67.56% | -53.88% | -15.69% | 17.33% | 23.72% | -40.22% | 17.07% | 9.29% | 31.24% | -25.95% | 1.43% | 10.78% | -0.94% | -8.74% | 66.39% | -26.79% | 3.24% | -20.43% | 3.79% | 38.41% | -0.51% | -17.71% | 2.68% | 35.72% | 13.01% | -19.21% | 3.79% | 27.02% | 23.39% | -29.26% | 6.44% | 26.83% | |
gross margin % | 45.12% | 34.42% | 40.20% | 37.77% | 39.93% | 34.10% | 34.47% | 31.54% | 29.31% | 16.01% | 28.92% | 31.76% | 33.21% | 27.48% | 36.58% | 35.87% | 36.00% | 31.25% | 37.63% | 39.01% | 39.40% | 39.13% | 42.09% | 31.01% | 39.76% | 36.59% | 38.76% | 38.10% | 35.08% | 35.03% | 38.11% | 37.43% | 36.18% | 32.81% | 35.29% | 34.50% | 32.36% | 28.13% | 32.14% | 30.60% | 29.43% |
selling, general, and administrative expenses | 40,700,000 | 41,600,000 | 44,100,000 | 44,200,000 | 43,100,000 | 39,400,000 | 38,700,000 | 41,400,000 | 47,200,000 | 43,400,000 | 40,000,000 | 51,700,000 | 48,600,000 | 55,900,000 | 54,200,000 | 48,700,000 | 40,000,000 | 48,300,000 | 43,500,000 | 47,500,000 | 40,000,000 | ||||||||||||||||||||
research and technical expenses | 6,700,000 | 7,400,000 | 7,000,000 | 7,800,000 | 7,700,000 | 7,300,000 | 6,700,000 | 7,300,000 | 6,800,000 | 7,200,000 | 7,800,000 | 8,000,000 | 8,800,000 | 7,200,000 | 7,600,000 | 8,200,000 | 7,300,000 | 7,000,000 | 6,800,000 | 5,900,000 | 6,600,000 | 5,800,000 | 5,200,000 | 5,400,000 | 6,200,000 | 4,700,000 | 4,900,000 | 5,000,000 | 5,100,000 | 5,200,000 | 5,600,000 | 5,300,000 | 5,000,000 | 5,200,000 | 4,800,000 | 4,700,000 | 5,100,000 | ||||
restructuring and other (income) charges | 500,000 | 2,700,000 | 1,000,000 | 21,900,000 | 12,300,000 | 23,400,000 | 86,900,000 | 13,100,000 | 62,800,000 | 120,800,000 | 24,600,000 | 19,200,000 | 5,600,000 | 3,200,000 | 3,300,000 | 3,700,000 | 3,600,000 | 3,900,000 | 4,100,000 | 4,300,000 | 3,900,000 | 5,200,000 | 5,500,000 | 7,300,000 | 500,000 | -200,000 | 1,700,000 | 300,000 | 100,000 | -600,000 | 200,000 | 100,000 | 1,100,000 | 2,300,000 | 2,900,000 | 32,700,000 | |||||
other expense | 22,400,000 | 15,500,000 | 1,200,000 | 4,300,000 | 4,100,000 | 1,900,000 | 111,800,000 | 23,900,000 | 32,200,000 | 19,600,000 | 1,300,000 | 3,000,000 | -18,200,000 | -700,000 | 2,000,000 | -1,600,000 | -1,400,000 | -1,700,000 | 84,600,000 | -4,200,000 | 1,200,000 | -4,000,000 | -3,000,000 | 900,000 | 2,000,000 | -2,000,000 | 1,400,000 | -3,700,000 | -1,700,000 | 2,500,000 | 1,400,000 | -1,200,000 | -400,000 | -500,000 | 1,700,000 | -300,000 | 700,000 | 1,800,000 | -900,000 | 800,000 | |
interest expense | 15,900,000 | 21,900,000 | 18,400,000 | 18,600,000 | 19,400,000 | 28,500,000 | 23,800,000 | 23,200,000 | 22,300,000 | 29,000,000 | 23,100,000 | 21,600,000 | 19,600,000 | 24,500,000 | 11,500,000 | 15,100,000 | 10,700,000 | 15,500,000 | 11,600,000 | 12,200,000 | 12,400,000 | 17,300,000 | 8,900,000 | 10,000,000 | 10,900,000 | 18,300,000 | 12,100,000 | 13,100,000 | 11,100,000 | 11,400,000 | 7,900,000 | 7,800,000 | 6,100,000 | 8,800,000 | 3,200,000 | 2,800,000 | 3,300,000 | 5,100,000 | 3,800,000 | 5,000,000 | 5,400,000 |
income from continuing operations before income taxes | 30,200,000 | -105,400,000 | 62,200,000 | ||||||||||||||||||||||||||||||||||||||
provision for income taxes on continuing operations | 6,800,000 | -26,600,000 | 21,400,000 | ||||||||||||||||||||||||||||||||||||||
net income from continuing operations | 23,400,000 | -78,800,000 | 40,800,000 | ||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of income taxes | 36,400,000 | -5,800,000 | 2,700,000 | ||||||||||||||||||||||||||||||||||||||
net income | 59,800,000 | -84,600,000 | 43,500,000 | -146,500,000 | 20,500,000 | 16,600,000 | -107,200,000 | -283,700,000 | -56,000,000 | -116,800,000 | 25,200,000 | 35,500,000 | 50,700,000 | 15,600,000 | 75,400,000 | 59,800,000 | 60,800,000 | 29,300,000 | -4,200,000 | 44,300,000 | 48,700,000 | 46,000,000 | 69,900,000 | 20,200,000 | 45,300,000 | 44,300,000 | 59,900,000 | 56,800,000 | 22,700,000 | 42,100,000 | 51,700,000 | 52,200,000 | 35,800,000 | 48,000,000 | 38,400,000 | 35,800,000 | 23,000,000 | 13,600,000 | -4,800,000 | 25,800,000 | 9,800,000 |
yoy | 191.71% | -609.64% | -140.58% | -48.36% | -136.61% | -114.21% | -525.40% | -899.15% | -210.45% | -848.72% | -66.58% | -40.64% | -16.61% | -46.76% | -1895.24% | 34.99% | 24.85% | -36.30% | -106.01% | 119.31% | 7.51% | 3.84% | 16.69% | -64.44% | 99.56% | 5.23% | 15.86% | 8.81% | -36.59% | -12.29% | 34.64% | 45.81% | 55.65% | 252.94% | -900.00% | 38.76% | 134.69% | ||||
qoq | -170.69% | -294.48% | -129.69% | -814.63% | 23.49% | -115.49% | -62.21% | 406.61% | -52.05% | -563.49% | -29.01% | -29.98% | 225.00% | -79.31% | 26.09% | -1.64% | 107.51% | -797.62% | -109.48% | -9.03% | 5.87% | -34.19% | 246.04% | -55.41% | 2.26% | -26.04% | 5.46% | 150.22% | -46.08% | -18.57% | -0.96% | 45.81% | -25.42% | 25.00% | 7.26% | 55.65% | 69.12% | -383.33% | -118.60% | 163.27% | |
net income margin % | 23.18% | -33.16% | 13.06% | -40.13% | 7.22% | 5.56% | -28.44% | -72.63% | -16.47% | -31.42% | 5.65% | 7.37% | 12.91% | 4.07% | 15.64% | 14.24% | 15.88% | 8.72% | -1.11% | 12.36% | 15.20% | 14.13% | 21.07% | 7.46% | 15.72% | 14.60% | 16.64% | 16.10% | 8.20% | 15.11% | 16.61% | 16.92% | 15.22% | 20.92% | 14.54% | 13.75% | 10.53% | 6.68% | -1.90% | 10.37% | 4.81% |
per share data | |||||||||||||||||||||||||||||||||||||||||
basic earnings per share from continuing operations | 0.66 | -2.18 | 1.12 | ||||||||||||||||||||||||||||||||||||||
basic earnings per share from discontinued operations | 1.04 | -0.16 | 0.08 | ||||||||||||||||||||||||||||||||||||||
basic earnings per share | 1.7 | -2.34 | 1.2 | -4.02 | 0.56 | 0.46 | -2.95 | -7.81 | -1.54 | -3.2 | 0.7 | 0.98 | 1.36 | 0.44 | 1.99 | 1.55 | 1.56 | 0.75 | -0.11 | 1.11 | 1.21 | 0.818 | 1.69 | 0.49 | 1.09 | ||||||||||||||||
diluted earnings per share from continuing operations | 0.65 | -2.18 | 1.1 | ||||||||||||||||||||||||||||||||||||||
diluted earnings per share from discontinued operations | 1.01 | -0.16 | 0.08 | ||||||||||||||||||||||||||||||||||||||
diluted earnings per share | 1.66 | -2.34 | 1.18 | -4.02 | 0.56 | 0.46 | -2.95 | -7.81 | -1.54 | -3.18 | 0.69 | 0.97 | 1.35 | 0.44 | 1.98 | 1.54 | 1.55 | 0.74 | -0.11 | 1.1 | 1.2 | 0.815 | 1.69 | 0.49 | 1.08 | ||||||||||||||||
goodwill impairment charge | 183,800,000 | 349,100,000 | |||||||||||||||||||||||||||||||||||||||
acquisition-related costs | -100,000 | -200,000 | 300,000 | -200,000 | 100,000 | 1,800,000 | 1,900,000 | 3,100,000 | 1,900,000 | -300,000 | 200,000 | 400,000 | 300,000 | 100,000 | 400,000 | 1,300,000 | 2,000,000 | 1,300,000 | 800,000 | 22,800,000 | 6,500,000 | 500,000 | 3,800,000 | ||||||||||||||||||
income before income taxes | -142,700,000 | 26,800,000 | 8,800,000 | -137,900,000 | -334,600,000 | -71,900,000 | -154,000,000 | 32,100,000 | 47,700,000 | 64,100,000 | 19,700,000 | 95,800,000 | 76,500,000 | 77,600,000 | 36,300,000 | -9,000,000 | 73,700,000 | 61,800,000 | 66,400,000 | 88,100,000 | 25,400,000 | 55,200,000 | 55,100,000 | 77,400,000 | 72,700,000 | 22,700,000 | 43,600,000 | 68,100,000 | 64,600,000 | 45,500,000 | 35,525,000 | 55,100,000 | 53,000,000 | 34,000,000 | 18,300,000 | 10,500,000 | 38,400,000 | 19,800,000 | |||
provision for income taxes | 3,800,000 | 6,300,000 | -7,800,000 | -30,700,000 | -50,900,000 | -15,900,000 | -37,200,000 | 6,900,000 | 12,200,000 | 13,400,000 | 4,100,000 | 20,400,000 | 16,700,000 | 16,800,000 | 7,000,000 | -4,800,000 | 29,400,000 | 13,100,000 | 20,400,000 | 18,200,000 | 5,200,000 | 9,900,000 | 10,800,000 | 17,500,000 | 15,900,000 | 1,500,000 | 16,400,000 | 12,400,000 | 9,700,000 | -15,300,000 | 16,700,000 | 17,200,000 | 11,000,000 | 4,700,000 | 15,300,000 | 12,600,000 | 10,000,000 | ||||
selling, general and administrative expenses | 26,975,000 | 34,900,000 | 34,500,000 | 38,500,000 | 40,800,000 | 40,700,000 | 42,500,000 | 39,100,000 | 35,900,000 | 34,500,000 | 35,900,000 | 26,500,000 | 27,900,000 | 26,200,000 | 26,300,000 | 26,000,000 | 27,800,000 | 29,700,000 | 28,900,000 | 27,600,000 | |||||||||||||||||||||
less: net income attributable to noncontrolling interests | 4,000,000 | 3,200,000 | 2,300,000 | ||||||||||||||||||||||||||||||||||||||
net income attributable to ingevity stockholders | 44,300,000 | 59,900,000 | 56,800,000 | 22,700,000 | 42,100,000 | 49,500,000 | 46,700,000 | 30,800,000 | 41,600,000 | 33,800,000 | 32,100,000 | 19,000,000 | 10,400,000 | -7,100,000 | |||||||||||||||||||||||||||
basic earnings per share attributable to ingevity stockholders | 1.06 | 1.42 | 1.36 | 0.54 | 1 | 1.18 | 1.11 | 0.73 | 0.99 | 0.8 | 0.76 | 0.45 | |||||||||||||||||||||||||||||
diluted earnings per share attributable to ingevity stockholders | 1.05 | 1.41 | 1.34 | 0.54 | 0.99 | 1.16 | 1.1 | 0.72 | 0.97 | 0.79 | 0.76 | 0.45 | |||||||||||||||||||||||||||||
separation costs | 200,000 | 200,000 | 200,000 | 300,000 | 3,900,000 | 2,500,000 | 4,700,000 | 6,400,000 | |||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interest | 3,175,000 | 2,200,000 | 5,500,000 | 5,000,000 | 3,075,000 | 4,600,000 | 3,700,000 | ||||||||||||||||||||||||||||||||||
acquisition costs | 3,000,000 | 4,100,000 | |||||||||||||||||||||||||||||||||||||||
basic and diluted earnings per share attributable to ingevity corporation | 0.148 | -0.17 | 0.56 | ||||||||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interests, net of taxes | 2,100,000 | 1,600,000 | |||||||||||||||||||||||||||||||||||||||
net income attributable to ingevity corporation | 23,700,000 | 8,200,000 | |||||||||||||||||||||||||||||||||||||||
basic and diluted earnings per share | 0.19 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 95,400,000 | 78,100,000 | 83,400,000 | 76,900,000 | 71,500,000 | 68,000,000 | 135,500,000 | 107,400,000 | 88,500,000 | 95,900,000 | 84,500,000 | 68,000,000 | 77,900,000 | 76,700,000 | 72,300,000 | 131,300,000 | 222,600,000 | 275,400,000 | 269,400,000 | 233,300,000 | 237,800,000 | 257,700,000 | 198,200,000 | 177,600,000 | 302,700,000 | 56,500,000 | 75,600,000 | 53,300,000 | 38,400,000 | 77,500,000 | 57,500,000 | 83,000,000 | 55,000,000 | 87,900,000 | 70,200,000 | 40,600,000 | 29,700,000 | 30,500,000 | 27,100,000 | 55,700,000 | 22,700,000 |
accounts receivable | 151,200,000 | 127,200,000 | 168,100,000 | 193,400,000 | 163,700,000 | 141,000,000 | 189,900,000 | 213,400,000 | 191,300,000 | 182,000,000 | 216,600,000 | 259,700,000 | 240,400,000 | 224,800,000 | 248,400,000 | 221,400,000 | 206,900,000 | 161,700,000 | 175,800,000 | 177,300,000 | 168,400,000 | 148,000,000 | 154,300,000 | 132,100,000 | 140,800,000 | 150,000,000 | 167,200,000 | 176,600,000 | 151,000,000 | 118,900,000 | 140,400,000 | 148,100,000 | 130,400,000 | 100,000,000 | 109,600,000 | 113,100,000 | 107,000,000 | 89,800,000 | 108,000,000 | 116,700,000 | 95,800,000 |
inventories | 203,600,000 | 186,000,000 | 193,700,000 | 220,300,000 | 245,400,000 | 226,800,000 | 261,000,000 | 302,000,000 | 325,500,000 | 308,800,000 | 386,700,000 | 387,100,000 | 361,400,000 | 335,000,000 | 281,800,000 | 277,000,000 | 260,200,000 | 241,200,000 | 228,300,000 | 214,500,000 | 204,200,000 | 189,000,000 | 204,000,000 | 223,500,000 | 236,200,000 | 212,500,000 | 210,200,000 | 221,300,000 | 229,300,000 | 191,400,000 | 194,300,000 | 195,100,000 | 192,100,000 | 160,000,000 | 154,500,000 | 154,600,000 | 160,100,000 | 151,200,000 | 154,700,000 | 156,800,000 | 171,500,000 |
restricted investment, net of allowance of 0.2 - 2026 | 85,100,000 | ||||||||||||||||||||||||||||||||||||||||
prepaid and other current assets | 46,500,000 | 47,000,000 | 45,800,000 | 45,400,000 | 49,400,000 | 57,400,000 | 50,400,000 | 63,000,000 | 63,900,000 | 71,900,000 | 46,700,000 | 49,600,000 | 36,600,000 | 42,500,000 | 42,600,000 | 48,000,000 | 43,100,000 | 46,600,000 | 46,800,000 | 44,500,000 | 32,000,000 | 34,000,000 | 44,500,000 | 46,500,000 | 44,800,000 | 44,200,000 | 46,000,000 | 40,400,000 | 36,300,000 | 34,900,000 | 28,600,000 | 31,400,000 | 23,200,000 | 20,800,000 | 22,500,000 | 24,000,000 | 25,800,000 | 23,700,000 | 23,500,000 | 23,500,000 | 21,300,000 |
current assets of discontinued operations | 15,900,000 | 31,200,000 | |||||||||||||||||||||||||||||||||||||||
current assets | 581,800,000 | 454,200,000 | 522,200,000 | 536,000,000 | 530,000,000 | 493,200,000 | 636,800,000 | 685,800,000 | 669,200,000 | 658,600,000 | 734,500,000 | 764,400,000 | 716,300,000 | 679,000,000 | 645,100,000 | 677,700,000 | 732,800,000 | 724,900,000 | 720,300,000 | 669,600,000 | 642,400,000 | 628,700,000 | 601,000,000 | 579,700,000 | 724,500,000 | 463,200,000 | 499,000,000 | 491,600,000 | 455,000,000 | 422,700,000 | 420,800,000 | 457,600,000 | 400,700,000 | 368,700,000 | 356,800,000 | 332,300,000 | 322,600,000 | 295,200,000 | 313,300,000 | 352,700,000 | 311,300,000 |
property, plant, and equipment | 599,800,000 | 608,100,000 | 629,700,000 | 654,600,000 | 655,800,000 | 658,900,000 | 671,300,000 | 722,200,000 | 726,500,000 | 762,200,000 | 800,000,000 | 800,600,000 | 804,600,000 | 798,600,000 | |||||||||||||||||||||||||||
operating lease assets | 36,600,000 | 29,500,000 | 26,600,000 | 39,400,000 | 45,900,000 | 50,400,000 | 56,000,000 | 60,300,000 | 63,600,000 | 67,100,000 | 68,700,000 | 66,500,000 | 56,300,000 | 56,600,000 | 47,300,000 | 50,500,000 | 50,600,000 | 52,400,000 | 50,700,000 | 48,000,000 | 47,000,000 | 49,100,000 | 52,100,000 | 49,200,000 | 52,200,000 | 53,400,000 | 55,800,000 | 58,900,000 | 59,700,000 | ||||||||||||
goodwill | 4,300,000 | 4,300,000 | 4,300,000 | 4,300,000 | 180,700,000 | 175,200,000 | 186,900,000 | 177,000,000 | 525,900,000 | 527,500,000 | 520,100,000 | 527,100,000 | 522,000,000 | 518,500,000 | 387,600,000 | 410,800,000 | 433,100,000 | 442,000,000 | 440,700,000 | 449,000,000 | 447,700,000 | 445,300,000 | 427,800,000 | 415,700,000 | 416,800,000 | 436,400,000 | 416,100,000 | 425,700,000 | 431,600,000 | 130,700,000 | 130,600,000 | 130,200,000 | 129,400,000 | 12,400,000 | 12,500,000 | 12,400,000 | 12,500,000 | 12,400,000 | 12,400,000 | 12,500,000 | 12,200,000 |
other intangibles | 168,000,000 | 176,100,000 | 267,600,000 | 279,100,000 | 276,800,000 | 278,800,000 | 298,600,000 | 295,700,000 | 302,800,000 | 336,100,000 | 375,600,000 | 394,200,000 | 398,700,000 | 404,800,000 | 272,200,000 | 297,300,000 | 322,300,000 | 337,600,000 | 344,800,000 | 359,700,000 | 367,100,000 | 373,300,000 | 366,500,000 | 363,700,000 | 370,300,000 | 396,200,000 | 383,500,000 | 399,700,000 | 414,900,000 | 125,600,000 | 129,200,000 | 132,800,000 | 134,500,000 | 4,900,000 | 5,400,000 | 6,100,000 | 6,700,000 | 7,300,000 | 8,000,000 | 8,700,000 | 9,300,000 |
deferred income taxes | 100,700,000 | 117,000,000 | 93,200,000 | 118,500,000 | 119,700,000 | 117,900,000 | 113,900,000 | 80,700,000 | 23,800,000 | 11,600,000 | 6,100,000 | 7,000,000 | 7,400,000 | 5,700,000 | 6,900,000 | 9,300,000 | 6,900,000 | 6,800,000 | 6,900,000 | 7,500,000 | 7,900,000 | 8,100,000 | 6,200,000 | 5,600,000 | 5,000,000 | 5,000,000 | 2,400,000 | 2,400,000 | 3,400,000 | 2,900,000 | 2,900,000 | 4,100,000 | 4,100,000 | 3,400,000 | 3,900,000 | 3,800,000 | 3,600,000 | 3,400,000 | 4,100,000 | 3,900,000 | 71,900,000 |
restricted investment, net of allowance of 0.2 - 2025 | |||||||||||||||||||||||||||||||||||||||||
strategic investments | 82,900,000 | 83,100,000 | 105,200,000 | 85,300,000 | 87,200,000 | 87,300,000 | 87,300,000 | 93,900,000 | 94,100,000 | 99,200,000 | 99,300,000 | 99,400,000 | 98,900,000 | 109,800,000 | |||||||||||||||||||||||||||
other assets | 76,100,000 | 74,900,000 | 77,000,000 | 77,500,000 | 77,600,000 | 79,300,000 | 79,700,000 | 80,100,000 | 81,200,000 | 81,900,000 | 82,300,000 | 89,600,000 | 89,200,000 | 85,500,000 | 178,100,000 | 125,900,000 | 114,500,000 | 109,500,000 | 86,100,000 | 80,800,000 | 58,100,000 | 52,800,000 | 46,300,000 | 50,800,000 | 52,600,000 | 50,200,000 | 47,400,000 | 41,000,000 | 42,400,000 | 38,300,000 | 38,800,000 | 34,000,000 | 31,200,000 | 30,400,000 | 28,500,000 | 25,000,000 | 23,500,000 | 22,000,000 | 18,300,000 | 17,900,000 | 19,500,000 |
noncurrent assets of discontinued operations | 19,500,000 | 24,300,000 | |||||||||||||||||||||||||||||||||||||||
total assets | 1,650,200,000 | 1,651,100,000 | 1,833,800,000 | 1,877,700,000 | 2,056,100,000 | 2,022,600,000 | 2,211,600,000 | 2,276,200,000 | 2,566,900,000 | 2,623,300,000 | 2,766,800,000 | 2,828,300,000 | 2,772,200,000 | 2,736,500,000 | 2,335,400,000 | 2,366,000,000 | 2,455,800,000 | 2,469,000,000 | 2,426,200,000 | 2,389,000,000 | 2,342,500,000 | 2,334,500,000 | 2,258,200,000 | 2,195,500,000 | 2,353,300,000 | 2,141,700,000 | 2,118,800,000 | 2,129,500,000 | 2,107,200,000 | 1,315,200,000 | 1,291,900,000 | 1,314,600,000 | 1,254,300,000 | 929,600,000 | 909,800,000 | 874,100,000 | 861,500,000 | 832,800,000 | 845,400,000 | 907,600,000 | 793,500,000 |
liabilities | |||||||||||||||||||||||||||||||||||||||||
accounts payable | 85,000,000 | 92,000,000 | 100,900,000 | 101,500,000 | 108,300,000 | 94,500,000 | 96,500,000 | 142,400,000 | 153,100,000 | 158,400,000 | 197,300,000 | 203,600,000 | 173,900,000 | 174,800,000 | 164,600,000 | 168,300,000 | 128,900,000 | 125,800,000 | 127,400,000 | 115,600,000 | 113,500,000 | 104,200,000 | 84,800,000 | 78,700,000 | 105,000,000 | 99,100,000 | 107,500,000 | 114,700,000 | 119,800,000 | 92,900,000 | 108,700,000 | 105,800,000 | 91,800,000 | 83,100,000 | 83,700,000 | 75,900,000 | 75,300,000 | 79,200,000 | 74,400,000 | 88,800,000 | 62,300,000 |
accrued expenses | 165,000,000 | 148,000,000 | 159,100,000 | 150,800,000 | 57,200,000 | 58,100,000 | 116,800,000 | 70,000,000 | 70,500,000 | 72,300,000 | 64,500,000 | 63,700,000 | 54,600,000 | 54,400,000 | 56,900,000 | 44,800,000 | 53,800,000 | 51,700,000 | 46,100,000 | 44,000,000 | 44,100,000 | 46,600,000 | 36,000,000 | 39,400,000 | 30,100,000 | 33,300,000 | 34,800,000 | 37,600,000 | 26,100,000 | 36,700,000 | 26,200,000 | 28,300,000 | 19,700,000 | 20,000,000 | 20,500,000 | 18,500,000 | 16,300,000 | 19,300,000 | 18,900,000 | 15,500,000 | 23,200,000 |
accrued payroll and employee benefits | 20,300,000 | 34,600,000 | 28,600,000 | 25,500,000 | 18,700,000 | 27,700,000 | 23,900,000 | 21,200,000 | 16,600,000 | 19,900,000 | 16,500,000 | 20,100,000 | 21,700,000 | 53,300,000 | 44,700,000 | 30,600,000 | 22,400,000 | 48,200,000 | 34,600,000 | 29,200,000 | 16,700,000 | 25,100,000 | 16,000,000 | 13,100,000 | 15,600,000 | 28,200,000 | 23,600,000 | 18,700,000 | 16,000,000 | 42,000,000 | 32,500,000 | 24,400,000 | 15,900,000 | 39,200,000 | 32,800,000 | 23,600,000 | 16,500,000 | 25,600,000 | 20,200,000 | 14,600,000 | 8,400,000 |
current operating lease liabilities | 13,300,000 | 11,800,000 | 10,100,000 | 14,800,000 | 15,800,000 | 16,900,000 | 18,200,000 | 18,500,000 | 18,800,000 | 18,700,000 | 18,400,000 | 17,700,000 | 16,300,000 | 16,500,000 | 16,400,000 | 17,000,000 | 17,200,000 | 17,400,000 | 16,400,000 | 15,700,000 | 15,500,000 | 16,200,000 | 16,600,000 | 16,500,000 | 16,900,000 | 17,100,000 | 17,600,000 | 18,000,000 | 17,900,000 | ||||||||||||
notes payable and current maturities of long-term debt | 121,900,000 | 47,100,000 | 102,000,000 | 94,700,000 | 60,400,000 | 61,300,000 | 100,700,000 | 103,000,000 | 84,700,000 | 84,400,000 | 3,000,000 | 900,000 | 900,000 | 900,000 | 900,000 | 900,000 | 319,600,000 | 19,600,000 | 19,500,000 | 19,500,000 | 19,500,000 | 26,000,000 | 22,400,000 | 21,700,000 | 21,600,000 | 22,500,000 | 22,600,000 | 22,300,000 | 18,000,000 | 4,900,000 | 7,500,000 | 5,000,000 | |||||||||
income taxes payable | 3,900,000 | 4,700,000 | 6,300,000 | 5,800,000 | 4,200,000 | 5,600,000 | 4,700,000 | 2,700,000 | 8,000,000 | 9,200,000 | 5,400,000 | 5,100,000 | 11,400,000 | 3,600,000 | 6,800,000 | 5,600,000 | 9,800,000 | 6,200,000 | 3,600,000 | 8,800,000 | 15,200,000 | 5,300,000 | 3,100,000 | 18,500,000 | 18,500,000 | 15,300,000 | 2,700,000 | 4,700,000 | 500,000 | 500,000 | 7,500,000 | 8,600,000 | 1,500,000 | 9,200,000 | 500,000 | 8,000,000 | 5,300,000 | 500,000 | 7,300,000 | 4,100,000 | |
current liabilities of discontinued operations | 3,100,000 | 4,600,000 | |||||||||||||||||||||||||||||||||||||||
current liabilities | 409,400,000 | 341,300,000 | 411,600,000 | 393,100,000 | 264,600,000 | 264,100,000 | 360,800,000 | 357,800,000 | 351,700,000 | 362,900,000 | 305,100,000 | 311,100,000 | 278,800,000 | 303,500,000 | 290,300,000 | 267,200,000 | 551,700,000 | 268,900,000 | 247,600,000 | 232,800,000 | 224,500,000 | 223,400,000 | 178,900,000 | 187,900,000 | 207,700,000 | 215,500,000 | 208,800,000 | 216,000,000 | 198,300,000 | 183,300,000 | 179,800,000 | 177,300,000 | 150,100,000 | 153,200,000 | 150,900,000 | 133,500,000 | 127,400,000 | 136,900,000 | 119,000,000 | 126,200,000 | 102,800,000 |
long-term debt including finance lease obligations | 1,082,400,000 | 1,161,400,000 | 1,158,500,000 | 1,235,600,000 | 1,332,600,000 | 1,339,700,000 | 1,397,600,000 | 1,401,000,000 | 1,408,700,000 | 1,382,800,000 | 1,469,700,000 | 1,525,500,000 | 1,502,500,000 | 1,472,500,000 | 1,153,200,000 | 1,176,200,000 | 945,600,000 | 1,250,000,000 | 1,254,400,000 | 1,258,700,000 | 1,263,100,000 | 1,267,400,000 | 1,277,000,000 | 1,308,500,000 | 1,467,800,000 | 1,228,400,000 | 1,294,400,000 | 1,363,300,000 | 1,403,200,000 | ||||||||||||
noncurrent operating lease liabilities | 27,100,000 | 22,400,000 | 20,900,000 | 30,400,000 | 33,300,000 | 36,800,000 | 39,800,000 | 41,900,000 | 45,000,000 | 48,600,000 | 50,600,000 | 49,200,000 | 40,500,000 | 40,800,000 | 31,800,000 | 34,600,000 | 34,500,000 | 36,200,000 | 35,700,000 | 33,800,000 | 33,200,000 | 34,700,000 | 37,500,000 | 33,100,000 | 35,700,000 | 36,700,000 | 38,600,000 | 41,200,000 | 42,000,000 | ||||||||||||
other liabilities | 39,100,000 | 40,500,000 | 41,700,000 | 40,800,000 | 132,000,000 | 130,600,000 | 133,200,000 | 129,100,000 | 128,900,000 | 126,700,000 | 117,700,000 | 118,900,000 | 117,200,000 | 114,900,000 | 119,600,000 | 119,600,000 | 121,800,000 | 125,500,000 | 127,700,000 | 45,200,000 | 41,800,000 | 49,900,000 | 38,300,000 | 39,200,000 | 35,700,000 | 30,000,000 | 25,900,000 | 24,700,000 | 19,400,000 | 15,100,000 | 14,200,000 | 14,700,000 | 14,500,000 | 13,200,000 | 12,300,000 | 11,400,000 | 11,200,000 | 10,200,000 | 9,300,000 | 9,200,000 | 5,100,000 |
noncurrent liabilities of discontinued operations | 700,000 | 6,800,000 | |||||||||||||||||||||||||||||||||||||||
total liabilities | 1,611,300,000 | 1,621,400,000 | 1,695,700,000 | 1,757,000,000 | 1,821,500,000 | 1,827,400,000 | 1,997,100,000 | 1,991,400,000 | 1,998,700,000 | 1,991,900,000 | 2,048,100,000 | 2,114,200,000 | 2,046,500,000 | 2,038,200,000 | 1,701,500,000 | 1,711,700,000 | 1,769,700,000 | 1,795,200,000 | 1,781,700,000 | 1,700,500,000 | 1,681,400,000 | 1,692,400,000 | 1,641,200,000 | 1,672,600,000 | 1,851,200,000 | 1,610,900,000 | 1,675,500,000 | 1,728,800,000 | 1,748,500,000 | 976,500,000 | 969,200,000 | 965,300,000 | 941,300,000 | 651,700,000 | 676,200,000 | 678,000,000 | 702,700,000 | 698,200,000 | 713,000,000 | 771,000,000 | 259,800,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||
equity | |||||||||||||||||||||||||||||||||||||||||
preferred stock | |||||||||||||||||||||||||||||||||||||||||
common stock | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | |
additional paid-in capital | 203,400,000 | 195,700,000 | 191,200,000 | 185,300,000 | 180,900,000 | 176,800,000 | 174,700,000 | 171,600,000 | 169,200,000 | 164,900,000 | 162,600,000 | 163,600,000 | 158,900,000 | 153,000,000 | 147,500,000 | 143,000,000 | 139,600,000 | 136,300,000 | 133,400,000 | 130,300,000 | 124,800,000 | 121,300,000 | 116,800,000 | 116,300,000 | 113,600,000 | 112,800,000 | 111,400,000 | 107,500,000 | 103,800,000 | 98,300,000 | 95,100,000 | 146,900,000 | 143,300,000 | 140,100,000 | 137,300,000 | 134,800,000 | 132,300,000 | 129,900,000 | |||
retained earnings | 464,700,000 | 404,900,000 | 489,500,000 | 446,000,000 | 592,500,000 | 572,000,000 | 555,400,000 | 662,600,000 | 946,300,000 | 1,002,300,000 | 1,119,100,000 | 1,093,900,000 | 1,058,400,000 | 1,007,700,000 | 992,100,000 | 916,700,000 | 856,900,000 | 796,100,000 | 766,800,000 | 771,000,000 | 726,700,000 | 678,000,000 | 632,000,000 | 562,100,000 | 541,900,000 | 497,200,000 | 452,900,000 | 393,000,000 | 336,200,000 | 313,500,000 | 271,400,000 | 221,900,000 | 175,200,000 | 142,800,000 | 100,900,000 | 67,100,000 | 35,000,000 | 16,000,000 | 6,800,000 | 13,900,000 | |
accumulated other comprehensive income | -1,600,000 | 500,000 | -2,400,000 | 4,200,000 | -24,000,000 | -41,400,000 | -3,500,000 | -37,500,000 | -35,600,000 | -26,700,000 | -53,900,000 | -33,500,000 | -38,800,000 | -46,800,000 | -95,300,000 | -43,700,000 | 3,000,000 | 13,100,000 | 7,500,000 | 18,600,000 | 13,200,000 | 4,700,000 | -25,600,000 | -48,200,000 | -44,100,000 | -5,000,000 | -46,500,000 | -28,000,000 | -8,600,000 | -17,800,000 | -14,000,000 | ||||||||||
treasury stock | -628,000,000 | -571,800,000 | -540,600,000 | -515,200,000 | -515,200,000 | -512,600,000 | -512,500,000 | -512,300,000 | -512,100,000 | -509,500,000 | -509,500,000 | -510,300,000 | -453,200,000 | -416,000,000 | -410,800,000 | -362,100,000 | -313,800,000 | -272,100,000 | -263,600,000 | -231,800,000 | -204,000,000 | -162,300,000 | -106,600,000 | -107,700,000 | -109,700,000 | -74,600,000 | -74,900,000 | -72,200,000 | -73,100,000 | -55,800,000 | -26,400,000 | -17,200,000 | -11,900,000 | -7,700,000 | -3,800,000 | -1,500,000 | -800,000 | -300,000 | |||
total equity | 38,900,000 | 29,700,000 | 138,100,000 | 120,700,000 | 234,600,000 | 195,200,000 | 214,500,000 | 284,800,000 | 568,200,000 | 631,400,000 | 718,700,000 | 714,100,000 | 725,700,000 | 698,300,000 | 633,900,000 | 654,300,000 | 686,100,000 | 673,800,000 | 644,500,000 | 688,500,000 | 661,100,000 | 642,100,000 | 617,000,000 | 522,900,000 | 502,100,000 | 530,800,000 | 443,300,000 | 400,700,000 | 358,700,000 | 338,700,000 | 322,700,000 | 349,300,000 | 313,000,000 | 277,900,000 | 233,600,000 | 196,100,000 | 158,800,000 | 134,600,000 | 132,400,000 | 136,600,000 | |
total liabilities and equity | 1,650,200,000 | 1,651,100,000 | 1,833,800,000 | 1,877,700,000 | 2,056,100,000 | 2,022,600,000 | 2,211,600,000 | 2,276,200,000 | 2,566,900,000 | 2,623,300,000 | 2,766,800,000 | 2,828,300,000 | 2,772,200,000 | 2,736,500,000 | 2,335,400,000 | 2,366,000,000 | 2,455,800,000 | 2,469,000,000 | 2,426,200,000 | 2,389,000,000 | 2,342,500,000 | 2,334,500,000 | 2,258,200,000 | 2,195,500,000 | 2,353,300,000 | 2,141,700,000 | 2,118,800,000 | 2,129,500,000 | 2,107,200,000 | 1,315,200,000 | 1,291,900,000 | 1,314,600,000 | 1,254,300,000 | 929,600,000 | 909,800,000 | 874,100,000 | 861,500,000 | 832,800,000 | 845,400,000 | 907,600,000 | |
restricted investment, net of allowance of 0.2 - 2025 and 0.2 - 2024 | 84,400,000 | 83,700,000 | 83,000,000 | ||||||||||||||||||||||||||||||||||||||
restricted investment, net of allowance of 0.1 - 2025 and 0.2 - 2024 | 82,400,000 | ||||||||||||||||||||||||||||||||||||||||
restricted investment, net of allowance of 0.2 million - 2024 and 0.2 million - 2023 | 81,600,000 | ||||||||||||||||||||||||||||||||||||||||
restricted investment, net of allowance of 0.2 - 2024 and 0.2 - 2023 | 81,100,000 | ||||||||||||||||||||||||||||||||||||||||
restricted investment, net of allowance of 0.1 - 2024 and 0.2 - 2023 | 80,500,000 | 79,800,000 | |||||||||||||||||||||||||||||||||||||||
restricted investment, net of allowance of 0.2 million - 2023 and 0.6 million - 2022 | 79,100,000 | ||||||||||||||||||||||||||||||||||||||||
restricted investment, net of allowance for credit losses of 0.3 - 2023 and 0.6 - 2022 | 80,200,000 | 79,500,000 | |||||||||||||||||||||||||||||||||||||||
restricted investment, net of allowance for credit losses of 0.4 - 2023 and 0.6 - 2022 | 78,800,000 | ||||||||||||||||||||||||||||||||||||||||
restricted investment, net of allowance for credit losses of 0.6 million - 2022 and 0.5 million - 2021 | 78,000,000 | ||||||||||||||||||||||||||||||||||||||||
property, plant and equipment | 720,700,000 | 717,400,000 | 719,000,000 | 719,700,000 | 701,200,000 | 699,500,000 | 697,900,000 | 703,600,000 | 685,300,000 | 658,300,000 | 659,700,000 | 664,700,000 | 641,900,000 | 638,000,000 | 628,500,000 | 523,800,000 | 498,900,000 | 484,100,000 | 483,100,000 | 438,500,000 | 431,900,000 | 424,100,000 | 422,400,000 | 422,800,000 | 419,900,000 | 442,800,000 | 441,200,000 | ||||||||||||||
restricted investment, net of allowance for credit losses of 0.6 - 2022 and 0.5 - 2021 | 77,500,000 | ||||||||||||||||||||||||||||||||||||||||
restricted investment, net of allowance for credit losses of 0.5 - 2022 and 0.5 - 2021 | 77,100,000 | 76,600,000 | |||||||||||||||||||||||||||||||||||||||
restricted investment, net of allowance for credit losses of 0.5 million - 2021 and 0.9 million - 2020 | 76,100,000 | 75,500,000 | |||||||||||||||||||||||||||||||||||||||
restricted investment, net of allowance for credit losses of 0.6 million - 2021 and 0.9 million - 2020 | 74,900,000 | 74,400,000 | |||||||||||||||||||||||||||||||||||||||
restricted investment, net of allowance for credit losses of 0.9 million - 2020 | 73,600,000 | 72,200,000 | |||||||||||||||||||||||||||||||||||||||
restricted investment, net of allowance for credit losses of 1.1 million - 2020 | 73,000,000 | ||||||||||||||||||||||||||||||||||||||||
restricted investment, net of allowance for credit losses of 1.0 million - 2020 | 72,500,000 | ||||||||||||||||||||||||||||||||||||||||
restricted investment | 72,600,000 | 72,700,000 | 72,200,000 | 71,700,000 | 71,200,000 | 70,700,000 | 71,800,000 | 71,300,000 | 71,300,000 | 70,800,000 | 70,400,000 | 70,200,000 | 69,700,000 | 69,400,000 | 69,100,000 | ||||||||||||||||||||||||||
current maturities of long-term debt | 11,200,000 | 18,800,000 | 14,100,000 | 9,400,000 | 4,700,000 | 15,000,000 | 11,300,000 | ||||||||||||||||||||||||||||||||||
long-term debt including capital lease obligations | 741,200,000 | 744,000,000 | 729,500,000 | 733,900,000 | 444,000,000 | 448,700,000 | 463,500,000 | 490,800,000 | 481,300,000 | 513,500,000 | |||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -17,700,000 | -7,700,000 | -11,700,000 | -12,900,000 | -15,200,000 | -17,100,000 | -19,000,000 | -12,200,000 | -12,500,000 | -17,200,000 | |||||||||||||||||||||||||||||||
total ingevity stockholders' equity | 338,700,000 | 322,700,000 | 338,000,000 | 299,300,000 | 263,900,000 | 221,900,000 | 185,600,000 | 149,800,000 | 127,000,000 | 125,300,000 | 129,900,000 | ||||||||||||||||||||||||||||||
noncontrolling interests | 14,000,000 | 9,000,000 | 7,600,000 | 7,100,000 | 6,700,000 | 5,400,000 | |||||||||||||||||||||||||||||||||||
noncontrolling interest | 11,300,000 | 13,700,000 | 11,700,000 | 10,500,000 | |||||||||||||||||||||||||||||||||||||
liabilities and equity | |||||||||||||||||||||||||||||||||||||||||
in millions, except share and par value data | |||||||||||||||||||||||||||||||||||||||||
net parent investment | 545,500,000 | ||||||||||||||||||||||||||||||||||||||||
additional paid in capital | 130,300,000 | 128,100,000 | |||||||||||||||||||||||||||||||||||||||
in millions | 2,016,000,000 | ||||||||||||||||||||||||||||||||||||||||
notes payable | 8,900,000 | ||||||||||||||||||||||||||||||||||||||||
long term debt including capital lease obligations | 566,600,000 | ||||||||||||||||||||||||||||||||||||||||
equity: | |||||||||||||||||||||||||||||||||||||||||
capital lease obligations | 80,000,000 | ||||||||||||||||||||||||||||||||||||||||
net parent investment: | |||||||||||||||||||||||||||||||||||||||||
total net parent investment before noncontrolling interests | 528,300,000 | ||||||||||||||||||||||||||||||||||||||||
total net parent investment and noncontrolling interests | 533,700,000 | ||||||||||||||||||||||||||||||||||||||||
total liabilities and net parent investment | 793,500,000 | ||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||
net income | 9,800,000 | ||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 9,000,000 | ||||||||||||||||||||||||||||||||||||||||
impairment/loss on sale of assets | 100,000 | ||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||
accrued payroll and employee benefit costs | -1,600,000 | ||||||||||||||||||||||||||||||||||||||||
restructuring and other spending | -1,800,000 | ||||||||||||||||||||||||||||||||||||||||
changes in other operating assets and liabilities | -1,900,000 | ||||||||||||||||||||||||||||||||||||||||
net cash provided (used) by operating activities | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||
capital expenditures | -11,300,000 | ||||||||||||||||||||||||||||||||||||||||
net cash provided (used) by investing activities | -11,300,000 | ||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||
changes in notes payable and other short-term borrowings | |||||||||||||||||||||||||||||||||||||||||
noncontrolling interest distributions | -900,000 | ||||||||||||||||||||||||||||||||||||||||
transactions with parent | 3,800,000 | ||||||||||||||||||||||||||||||||||||||||
net cash provided (used) by financing activities | 2,900,000 | ||||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | -9,400,000 | ||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash | 100,000 | ||||||||||||||||||||||||||||||||||||||||
change in cash and cash equivalents | -9,300,000 | ||||||||||||||||||||||||||||||||||||||||
at beginning of period | 32,000,000 | ||||||||||||||||||||||||||||||||||||||||
at end of period | 22,700,000 | ||||||||||||||||||||||||||||||||||||||||
supplemental cash flow information: | |||||||||||||||||||||||||||||||||||||||||
cash paid for interest | 1,600,000 | ||||||||||||||||||||||||||||||||||||||||
purchases of property, plant and equipment in accounts payable | 1,400,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||
net income | 59,800,000 | -84,600,000 | 43,500,000 | -146,500,000 | 20,500,000 | 16,600,000 | -107,200,000 | -283,700,000 | -56,000,000 | -116,800,000 | 25,200,000 | 35,500,000 | 50,700,000 | 15,600,000 | 75,400,000 | 59,800,000 | 60,800,000 | 29,300,000 | -4,200,000 | 44,300,000 | 48,700,000 | 46,000,000 | 69,900,000 | 20,200,000 | 45,300,000 | 44,300,000 | 59,900,000 | 56,800,000 | 22,700,000 | 42,100,000 | 51,700,000 | 52,200,000 | 35,800,000 | 48,000,000 | 38,400,000 | 35,800,000 | 23,000,000 | 13,600,000 | -4,800,000 | 25,800,000 | 9,800,000 |
adjustments to reconcile net income to cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 22,700,000 | 27,900,000 | 28,000,000 | 25,600,000 | 24,900,000 | 25,200,000 | 26,200,000 | 27,300,000 | 29,600,000 | 25,100,000 | 35,200,000 | 31,400,000 | 31,100,000 | 30,200,000 | 25,700,000 | 25,800,000 | 27,100,000 | 28,200,000 | 27,600,000 | 27,100,000 | 27,000,000 | 26,700,000 | 25,100,000 | 24,100,000 | 24,300,000 | 23,600,000 | 21,500,000 | 21,400,000 | 18,500,000 | 14,900,000 | 14,700,000 | 15,900,000 | 11,500,000 | 10,000,000 | 10,000,000 | 10,100,000 | 10,300,000 | 10,400,000 | 10,100,000 | 9,300,000 | 9,000,000 |
non-cash operating lease costs | 2,800,000 | ||||||||||||||||||||||||||||||||||||||||
deferred income taxes | 15,500,000 | -25,600,000 | 26,000,000 | -4,200,000 | -900,000 | -10,400,000 | -32,400,000 | -60,200,000 | -18,400,000 | -42,400,000 | -1,300,000 | -100,000 | -900,000 | -2,800,000 | -1,600,000 | -2,000,000 | 1,400,000 | -2,400,000 | -13,500,000 | 11,900,000 | -600,000 | 4,900,000 | 4,800,000 | 0 | 6,500,000 | -11,900,000 | 25,100,000 | 2,000,000 | -400,000 | -2,300,000 | 2,100,000 | 500,000 | 600,000 | -19,700,000 | -5,400,000 | -3,900,000 | 3,300,000 | 700,000 | 2,000,000 | -6,800,000 | -3,800,000 |
restructuring and other (income) charges | 8,300,000 | 11,600,000 | 9,900,000 | 21,900,000 | 12,300,000 | 23,400,000 | 86,900,000 | 13,100,000 | 62,800,000 | 0 | -6,100,000 | 200,000 | 100,000 | 0 | 0 | -600,000 | 200,000 | 100,000 | 1,100,000 | 2,300,000 | 2,900,000 | ||||||||||||||||||||
lifo charge | 600,000 | -2,000,000 | |||||||||||||||||||||||||||||||||||||||
share-based compensation | 4,800,000 | 4,500,000 | 5,300,000 | 4,400,000 | 4,100,000 | 2,100,000 | 3,100,000 | 2,400,000 | 4,300,000 | 2,300,000 | -600,000 | 4,900,000 | 4,000,000 | 5,000,000 | 4,400,000 | 3,700,000 | 3,000,000 | 2,500,000 | 3,100,000 | 4,200,000 | 2,500,000 | 4,100,000 | 1,100,000 | 2,400,000 | 800,000 | 1,300,000 | 3,600,000 | 3,300,000 | 4,100,000 | 2,400,000 | 3,600,000 | 3,400,000 | 3,100,000 | 2,700,000 | 2,500,000 | 2,500,000 | 2,400,000 | 1,700,000 | 2,200,000 | ||
impairment of license agreement | 2,800,000 | ||||||||||||||||||||||||||||||||||||||||
loss on sale of business | -55,600,000 | ||||||||||||||||||||||||||||||||||||||||
litigation charges | 16,200,000 | ||||||||||||||||||||||||||||||||||||||||
other non-cash items | 2,600,000 | 100,000 | 1,600,000 | 5,800,000 | 100,000 | 7,600,000 | 2,800,000 | 800,000 | 5,800,000 | 21,400,000 | 2,500,000 | 7,600,000 | 4,700,000 | 3,200,000 | 4,800,000 | 8,600,000 | 1,800,000 | 1,500,000 | 4,000,000 | 3,700,000 | 2,900,000 | 2,100,000 | 4,000,000 | 4,200,000 | 5,000,000 | 1,400,000 | 1,000,000 | 7,600,000 | 100,000 | 7,400,000 | 5,300,000 | 1,100,000 | 2,100,000 | 2,100,000 | |||||||
changes in operating assets and liabilities, net of effect of divestitures: | |||||||||||||||||||||||||||||||||||||||||
accounts receivable | -24,200,000 | 46,100,000 | 15,200,000 | -27,800,000 | -21,300,000 | 45,200,000 | 26,100,000 | -22,900,000 | -10,200,000 | 36,600,000 | 42,400,000 | -22,300,000 | -14,000,000 | 56,300,000 | -33,600,000 | -18,700,000 | -46,100,000 | 14,400,000 | 1,000,000 | -8,400,000 | -20,800,000 | 8,400,000 | -20,600,000 | 7,300,000 | 7,700,000 | 19,200,000 | 7,800,000 | -26,200,000 | -16,100,000 | 21,600,000 | 7,200,000 | -18,400,000 | -13,400,000 | 9,600,000 | 3,800,000 | -5,900,000 | -17,000,000 | 16,500,000 | 7,500,000 | -19,400,000 | 1,100,000 |
inventories | -24,500,000 | 16,000,000 | 6,400,000 | 31,000,000 | -13,200,000 | 28,400,000 | 45,100,000 | 27,000,000 | -14,300,000 | 42,500,000 | -23,400,000 | -46,600,000 | -48,100,000 | -400,000 | -10,600,000 | -22,300,000 | -30,400,000 | -16,600,000 | -14,400,000 | -9,100,000 | -15,700,000 | 17,200,000 | 22,600,000 | 12,300,000 | -25,900,000 | 100,000 | 8,600,000 | 6,800,000 | -15,000,000 | 3,400,000 | -1,300,000 | -5,900,000 | -23,100,000 | -5,200,000 | 1,000,000 | 5,900,000 | -8,300,000 | -300,000 | 2,100,000 | 15,900,000 | -19,900,000 |
prepaid and other current assets | -2,200,000 | 1,900,000 | 1,400,000 | -2,200,000 | 200,000 | -1,200,000 | 2,200,000 | -800,000 | 700,000 | -11,700,000 | 5,200,000 | 1,500,000 | 2,900,000 | -4,200,000 | -1,000,000 | 1,600,000 | 3,300,000 | -11,300,000 | 500,000 | 600,000 | 4,200,000 | -2,500,000 | -200,000 | 2,900,000 | 3,400,000 | 2,400,000 | 1,800,000 | 2,200,000 | 100,000 | -800,000 | 1,000,000 | -3,100,000 | -1,000,000 | ||||||||
accounts payable | -11,600,000 | -8,500,000 | -200,000 | -1,900,000 | 8,000,000 | -1,000,000 | -49,000,000 | -9,600,000 | -3,800,000 | -35,200,000 | -7,100,000 | 28,500,000 | -800,000 | -5,500,000 | -900,000 | 41,400,000 | 7,700,000 | -5,500,000 | 9,500,000 | 2,400,000 | 8,400,000 | 9,400,000 | -8,400,000 | -8,100,000 | -5,100,000 | 15,400,000 | -15,900,000 | 600,000 | 12,100,000 | 8,900,000 | -1,000,000 | 4,900,000 | -400,000 | -1,800,000 | 6,500,000 | -17,100,000 | 12,000,000 | -2,900,000 | |||
accrued expenses | 4,400,000 | -15,100,000 | 9,200,000 | -9,800,000 | 1,600,000 | -9,100,000 | 9,800,000 | 700,000 | -2,400,000 | -16,700,000 | 1,800,000 | 9,900,000 | -2,700,000 | -4,500,000 | 12,000,000 | -10,000,000 | 3,300,000 | 5,000,000 | 2,200,000 | -200,000 | -2,200,000 | -3,200,000 | -100,000 | -4,200,000 | 10,800,000 | -12,400,000 | 6,500,000 | -100,000 | 8,300,000 | -1,600,000 | -200,000 | 1,600,000 | 2,400,000 | -2,200,000 | -1,800,000 | 1,800,000 | -9,700,000 | 7,800,000 | |||
accrued payroll and employee benefits | -14,200,000 | 5,900,000 | 3,500,000 | 6,600,000 | -9,100,000 | 4,100,000 | 2,500,000 | 4,600,000 | -3,200,000 | 3,200,000 | -3,500,000 | -1,500,000 | -31,700,000 | 8,100,000 | 14,600,000 | 8,500,000 | -25,800,000 | 13,500,000 | 5,400,000 | 12,800,000 | -8,600,000 | -12,400,000 | 4,400,000 | ||||||||||||||||||
income taxes | 1,300,000 | -2,500,000 | -8,400,000 | 6,600,000 | 3,100,000 | -2,000,000 | -1,000,000 | -10,000,000 | -800,000 | 2,200,000 | 2,800,000 | -8,100,000 | 9,500,000 | -5,200,000 | 4,300,000 | -5,400,000 | 11,200,000 | -1,600,000 | -9,000,000 | -6,900,000 | 11,300,000 | 9,600,000 | -22,000,000 | 800,000 | 2,000,000 | 6,600,000 | -200,000 | -2,500,000 | 8,500,000 | -9,000,000 | 8,000,000 | ||||||||||
restructuring and other cash outflow | -8,600,000 | -12,300,000 | -11,500,000 | -11,600,000 | -21,000,000 | ||||||||||||||||||||||||||||||||||||
operating leases | -4,100,000 | -4,500,000 | -4,500,000 | -5,200,000 | -5,300,000 | -4,200,000 | -6,800,000 | -5,000,000 | -5,700,000 | -5,900,000 | -5,900,000 | -5,500,000 | -5,200,000 | -3,300,000 | -4,900,000 | -5,200,000 | -5,400,000 | -5,200,000 | -5,000,000 | -5,100,000 | -5,200,000 | -4,700,000 | -4,400,000 | ||||||||||||||||||
cto resales cash inflow (outflow) | 0 | 0 | 6,200,000 | ||||||||||||||||||||||||||||||||||||||
changes in other operating assets and liabilities | 1,200,000 | -900,000 | 5,400,000 | 1,500,000 | -3,200,000 | 3,800,000 | 600,000 | -3,300,000 | 7,500,000 | -4,000,000 | 3,300,000 | 5,900,000 | 1,400,000 | 900,000 | -3,900,000 | -1,500,000 | -7,100,000 | -2,700,000 | 1,300,000 | 6,400,000 | 500,000 | 3,000,000 | -1,800,000 | 1,000,000 | -100,000 | -1,500,000 | -1,800,000 | 3,500,000 | 2,900,000 | 1,200,000 | -1,900,000 | ||||||||||
net cash from operating activities | -2,000,000 | 97,100,000 | 129,700,000 | 79,000,000 | 25,400,000 | 64,500,000 | 46,500,000 | 29,700,000 | -12,100,000 | 44,600,000 | 106,900,000 | 48,400,000 | 5,200,000 | 98,200,000 | 100,100,000 | 90,500,000 | 24,300,000 | 76,000,000 | 100,100,000 | 65,800,000 | 51,100,000 | 153,300,000 | 90,000,000 | 48,900,000 | 60,200,000 | 85,500,000 | 118,700,000 | 79,500,000 | -8,000,000 | 85,600,000 | 95,300,000 | 61,400,000 | 9,700,000 | 40,700,000 | 80,900,000 | 46,200,000 | 6,500,000 | ||||
cash from investing activities: | |||||||||||||||||||||||||||||||||||||||||
capital expenditures | -10,300,000 | -23,600,000 | -11,900,000 | -12,200,000 | -10,000,000 | -24,900,000 | -18,000,000 | -18,100,000 | -16,600,000 | -29,200,000 | -33,500,000 | -21,700,000 | -25,400,000 | -49,200,000 | -36,100,000 | -29,600,000 | -27,600,000 | -37,400,000 | -25,500,000 | -23,900,000 | -17,000,000 | -31,100,000 | -16,500,000 | -15,000,000 | -19,500,000 | -35,000,000 | -22,100,000 | -29,600,000 | -28,100,000 | -37,300,000 | -26,200,000 | -17,100,000 | -13,300,000 | -16,400,000 | -14,400,000 | -11,100,000 | -10,700,000 | ||||
free cash flows | -12,300,000 | 73,500,000 | 117,800,000 | 66,800,000 | 15,400,000 | 39,600,000 | 28,500,000 | 11,600,000 | -28,700,000 | 15,400,000 | 73,400,000 | 26,700,000 | -20,200,000 | 49,000,000 | 64,000,000 | 60,900,000 | -3,300,000 | 38,600,000 | 74,600,000 | 41,900,000 | 34,100,000 | 122,200,000 | 73,500,000 | 33,900,000 | 40,700,000 | 50,500,000 | 96,600,000 | 49,900,000 | -36,100,000 | 48,300,000 | 69,100,000 | 44,300,000 | -3,600,000 | 24,300,000 | 66,500,000 | 35,100,000 | -4,200,000 | ||||
proceeds from sale of business | 93,100,000 | ||||||||||||||||||||||||||||||||||||||||
restricted investment | 24,700,000 | -500,000 | -400,000 | -200,000 | -500,000 | -300,000 | -300,000 | ||||||||||||||||||||||||||||||||||
proceeds from disposition of assets | 0 | 3,600,000 | 600,000 | ||||||||||||||||||||||||||||||||||||||
other investing activities | -1,200,000 | 8,400,000 | 9,400,000 | -5,100,000 | -2,800,000 | 600,000 | 300,000 | 300,000 | 8,200,000 | 1,000,000 | -1,700,000 | -4,100,000 | -900,000 | -3,900,000 | 3,200,000 | -2,600,000 | -1,000,000 | -700,000 | 500,000 | -300,000 | 900,000 | -700,000 | -2,200,000 | -700,000 | 1,100,000 | -1,000,000 | -400,000 | -3,300,000 | 600,000 | -1,500,000 | 0 | 0 | 0 | -3,000,000 | |||||||
net cash from investing activities | 106,300,000 | -15,100,000 | -28,100,000 | -2,800,000 | -11,500,000 | -28,000,000 | -17,400,000 | -17,800,000 | -16,300,000 | -21,000,000 | -34,800,000 | -23,400,000 | 1,900,000 | -409,200,000 | -86,100,000 | -28,400,000 | -30,200,000 | -57,200,000 | -26,200,000 | -39,900,000 | -17,300,000 | -32,200,000 | -41,000,000 | -17,200,000 | -20,200,000 | -35,900,000 | -23,100,000 | -30,000,000 | -569,300,000 | -38,100,000 | -28,200,000 | -20,700,000 | -327,400,000 | -16,600,000 | -14,500,000 | -11,200,000 | -16,300,000 | ||||
cash from financing activities: | |||||||||||||||||||||||||||||||||||||||||
proceeds from revolving credit facility and other borrowings | 713,800,000 | 81,800,000 | 51,000,000 | 66,200,000 | 92,300,000 | 254,000,000 | 38,200,000 | 30,900,000 | 81,400,000 | ||||||||||||||||||||||||||||||||
payments on revolving credit facility and other borrowings | -718,000,000 | -133,600,000 | -120,700,000 | -129,000,000 | -100,300,000 | -351,300,000 | -44,100,000 | -20,200,000 | -55,000,000 | ||||||||||||||||||||||||||||||||
debt issuance costs | -4,000,000 | 0 | 0 | -600,000 | 0 | 0 | -1,800,000 | 0 | -1,400,000 | 0 | -5,700,000 | 0 | 0 | -100,000 | |||||||||||||||||||||||||||
finance lease obligations | -300,000 | -300,000 | -200,000 | -400,000 | -300,000 | -200,000 | -400,000 | -100,000 | -200,000 | -300,000 | 0 | -200,000 | -200,000 | -200,000 | -300,000 | -100,000 | |||||||||||||||||||||||||
tax payments related to withholdings on vested equity awards | -4,300,000 | -900,000 | -200,000 | 0 | -2,600,000 | -200,000 | -100,000 | -200,000 | -2,600,000 | 0 | -300,000 | 0 | -4,500,000 | 0 | -200,000 | -200,000 | -1,800,000 | 0 | -100,000 | 0 | -2,300,000 | -200,000 | 0 | 100,000 | -3,100,000 | 0 | 0 | 0 | -14,300,000 | ||||||||||||
proceeds and withholdings from share-based compensation plans | 3,300,000 | 800,000 | 0 | 700,000 | 1,400,000 | 2,600,000 | 1,300,000 | 900,000 | 1,100,000 | 800,000 | 1,000,000 | 500,000 | 2,200,000 | 1,000,000 | 500,000 | 500,000 | 2,200,000 | 400,000 | 400,000 | 700,000 | 1,300,000 | 1,700,000 | 300,000 | 400,000 | 900,000 | 500,000 | |||||||||||||||
repurchases of common stock under stock repurchase plan | -52,300,000 | ||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -61,800,000 | -83,400,000 | -94,800,000 | -63,000,000 | -11,000,000 | -97,600,000 | -6,300,000 | 10,300,000 | 23,400,000 | -6,500,000 | -53,300,000 | -34,500,000 | -5,600,000 | 313,000,000 | -71,600,000 | -147,000,000 | -46,300,000 | -12,800,000 | -36,700,000 | -31,500,000 | -52,100,000 | -65,000,000 | -31,100,000 | -157,300,000 | 203,200,000 | -64,400,000 | -71,200,000 | -34,600,000 | 539,400,000 | -26,200,000 | -92,000,000 | -13,000,000 | 284,900,000 | -7,900,000 | -34,800,000 | -25,100,000 | 10,000,000 | ||||
increase in cash, cash equivalents, and restricted cash | 42,500,000 | -1,400,000 | 6,800,000 | 13,200,000 | 2,900,000 | -61,100,000 | 22,800,000 | 22,200,000 | -5,000,000 | 17,100,000 | 18,800,000 | -9,500,000 | 1,500,000 | 2,000,000 | -57,600,000 | -84,900,000 | -52,200,000 | 6,000,000 | 37,200,000 | -5,600,000 | -18,300,000 | 56,100,000 | 17,900,000 | -125,600,000 | 243,200,000 | ||||||||||||||||
effect of exchange rate changes on cash | 200,000 | -400,000 | 500,000 | 3,000,000 | 1,400,000 | -5,800,000 | 5,400,000 | -2,000,000 | -1,800,000 | 2,700,000 | -2,300,000 | -300,000 | -400,000 | 2,600,000 | -1,400,000 | -6,500,000 | -700,000 | 100,000 | -1,200,000 | 1,100,000 | -1,700,000 | 1,900,000 | -3,100,000 | 500,000 | 2,900,000 | 2,500,000 | -2,200,000 | 0 | -100,000 | -1,300,000 | -300,000 | 300,000 | -100,000 | 1,200,000 | -2,200,000 | 200,000 | 300,000 | 1,200,000 | 100,000 | ||
change in cash, cash equivalents, and restricted cash | 42,700,000 | -1,800,000 | 7,300,000 | 16,200,000 | 4,300,000 | -66,900,000 | 28,200,000 | 20,200,000 | -6,800,000 | 19,800,000 | 16,500,000 | -9,800,000 | 1,100,000 | 4,600,000 | -59,000,000 | -91,400,000 | -52,900,000 | 6,100,000 | 36,000,000 | -4,500,000 | -20,000,000 | 58,000,000 | 14,800,000 | -125,100,000 | 246,100,000 | -12,300,000 | 22,200,000 | 14,900,000 | -38,000,000 | ||||||||||||
cash, cash equivalents, and restricted cash at beginning of period | 112,600,000 | 0 | 0 | 0 | 86,600,000 | 0 | 0 | 0 | 111,900,000 | 7,000,000 | 0 | 0 | 77,300,000 | -100,000 | 0 | 0 | 276,100,000 | 0 | 0 | 0 | 258,400,000 | 0 | 0 | 0 | 64,600,000 | 300,000 | 0 | 0 | 77,500,000 | ||||||||||||
cash, cash equivalents, and restricted cash at end of period | 155,300,000 | -1,800,000 | 7,300,000 | 16,200,000 | 90,900,000 | -66,900,000 | 28,200,000 | 20,200,000 | 105,100,000 | 26,800,000 | 16,500,000 | -9,800,000 | 78,400,000 | 4,500,000 | -59,000,000 | -91,400,000 | 223,200,000 | 6,100,000 | 36,000,000 | -4,500,000 | 238,400,000 | 58,000,000 | 14,800,000 | -125,100,000 | 310,700,000 | -12,000,000 | 22,200,000 | 14,900,000 | 39,500,000 | ||||||||||||
the cash flows related to discontinued operations have not been segregated and remain included in the major classes of assets and liabilities. accordingly, the condensed consolidated statements of cash flows include the results of continuing and discontinued operations. | |||||||||||||||||||||||||||||||||||||||||
supplemental cash flow information: | |||||||||||||||||||||||||||||||||||||||||
cash paid for interest, net of capitalized interest | 11,100,000 | 19,700,000 | 13,500,000 | 22,600,000 | 14,600,000 | 24,400,000 | 18,700,000 | 25,300,000 | 17,000,000 | 24,800,000 | 17,900,000 | 24,700,000 | 15,300,000 | 18,900,000 | 7,200,000 | 17,700,000 | 11,000,000 | 12,000,000 | 11,400,000 | 12,600,000 | 11,500,000 | 1,900,000 | 14,200,000 | 6,600,000 | 16,900,000 | 7,900,000 | 19,200,000 | 6,500,000 | 14,400,000 | 3,400,000 | 13,400,000 | 3,200,000 | 6,000,000 | ||||||||
cash paid for income taxes, net of refunds | 2,500,000 | 1,600,000 | 1,500,000 | 1,200,000 | 4,400,000 | 2,900,000 | 1,800,000 | 19,300,000 | 2,900,000 | 1,800,000 | 4,300,000 | 18,900,000 | 4,700,000 | 12,200,000 | 15,700,000 | 23,400,000 | 3,500,000 | 10,500,000 | 16,200,000 | 24,500,000 | 2,500,000 | 5,200,000 | 35,700,000 | 4,300,000 | 1,400,000 | 2,300,000 | 4,500,000 | 7,600,000 | 500,000 | ||||||||||||
purchases of property, plant, and equipment in accounts payable | 1,800,000 | 100,000 | -700,000 | -600,000 | 2,900,000 | 200,000 | 400,000 | -900,000 | 2,700,000 | 800,000 | 1,000,000 | 4,300,000 | |||||||||||||||||||||||||||||
leased assets obtained in exchange for new operating lease liabilities | 5,800,000 | 800,000 | 600,000 | 500,000 | 3,600,000 | 1,500,000 | 400,000 | 3,100,000 | 7,200,000 | 14,900,000 | 3,900,000 | 14,500,000 | 1,500,000 | 4,800,000 | 2,900,000 | 5,800,000 | 7,300,000 | 5,000,000 | 2,400,000 | 2,700,000 | 18,600,000 | 1,700,000 | 4,200,000 | 2,100,000 | 2,100,000 | ||||||||||||||||
non cash operating lease costs | 3,200,000 | 3,200,000 | 4,000,000 | 4,300,000 | 4,400,000 | 5,000,000 | 4,800,000 | 4,900,000 | 4,800,000 | 4,900,000 | 4,600,000 | 4,300,000 | 4,600,000 | 4,600,000 | 4,400,000 | 4,200,000 | 4,300,000 | 4,400,000 | 4,400,000 | 4,200,000 | |||||||||||||||||||||
disposal/impairment of assets | 1,400,000 | 300,000 | 100,000 | -8,300,000 | 6,800,000 | 1,100,000 | 700,000 | 300,000 | 100,000 | ||||||||||||||||||||||||||||||||
cto resales | |||||||||||||||||||||||||||||||||||||||||
lifo liquidation | |||||||||||||||||||||||||||||||||||||||||
loss on strategic investment | 23,700,000 | 0 | 0 | 6,700,000 | -100,000 | 4,800,000 | |||||||||||||||||||||||||||||||||||
pension and other postretirement benefit costs | 400,000 | 500,000 | 200,000 | 300,000 | 300,000 | ||||||||||||||||||||||||||||||||||||
goodwill impairment charge | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||
long lived assets impairment charge | |||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||
planned major maintenance outage | -800,000 | -2,900,000 | -2,200,000 | -1,300,000 | -2,000,000 | -1,900,000 | |||||||||||||||||||||||||||||||||||
restructuring and other spending | -10,000,000 | -100,000 | 0 | 0 | -100,000 | -300,000 | -200,000 | -1,900,000 | -3,100,000 | -3,400,000 | -1,300,000 | -1,800,000 | -1,800,000 | ||||||||||||||||||||||||||||
changes in all other operating assets and liabilities | |||||||||||||||||||||||||||||||||||||||||
sale of strategic investments | |||||||||||||||||||||||||||||||||||||||||
in millions | |||||||||||||||||||||||||||||||||||||||||
financing lease obligations | |||||||||||||||||||||||||||||||||||||||||
repurchases of common stock under publicly announced plan | 0 | 0 | -58,700,000 | -33,400,000 | -6,000,000 | -49,300,000 | -49,500,000 | -40,400,000 | -9,100,000 | -32,200,000 | -28,700,000 | -39,400,000 | -55,600,000 | 0 | 0 | -32,400,000 | 0 | -3,100,000 | 0 | -3,300,000 | -29,300,000 | -9,000,000 | -6,000,000 | -3,100,000 | |||||||||||||||||
_______________ | |||||||||||||||||||||||||||||||||||||||||
includes restricted cash of 34.5 million, 18.6 million, and 16.0 million and cash and cash equivalents of 78.1 million, 68.0 million, and 95.9 million for the years ended december 31, 2025, 2024, and 2023, respectively. restricted cash is included within "prepaid and other current assets" and "restricted investment" within the consolidated balance sheets. | |||||||||||||||||||||||||||||||||||||||||
leased assets obtained in exchange for new finance lease liabilities | 0 | 0 | |||||||||||||||||||||||||||||||||||||||
cto supply contract termination charges | |||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of effect of acquisitions and divestitures: | |||||||||||||||||||||||||||||||||||||||||
cto supply contract termination cash outflow | |||||||||||||||||||||||||||||||||||||||||
purchase of strategic investments | -14,600,000 | -60,800,000 | -18,800,000 | 0 | |||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of effect of acquisitions: | |||||||||||||||||||||||||||||||||||||||||
lifo reserve | -6,300,000 | -3,300,000 | -2,300,000 | -6,800,000 | 10,300,000 | 21,900,000 | 18,400,000 | 22,300,000 | -700,000 | 0 | 0 | 10,700,000 | |||||||||||||||||||||||||||||
payments for acquired businesses, net of cash acquired | 0 | 0 | 0 | -537,900,000 | 0 | -500,000 | 0 | -315,000,000 | |||||||||||||||||||||||||||||||||
proceeds from sale of strategic investment | 0 | 100,000 | 0 | 31,400,000 | |||||||||||||||||||||||||||||||||||||
net investment hedge settlement | 0 | ||||||||||||||||||||||||||||||||||||||||
payments on long-term borrowings | 0 | 0 | -623,400,000 | -4,700,000 | -4,600,000 | -4,700,000 | -4,700,000 | -9,400,000 | -375,000,000 | -4,700,000 | -4,700,000 | -4,700,000 | -4,700,000 | -4,700,000 | 0 | -113,100,000 | |||||||||||||||||||||||||
debt repayment costs | 0 | 0 | |||||||||||||||||||||||||||||||||||||||
other financing activities | |||||||||||||||||||||||||||||||||||||||||
includes restricted cash of 18.6 million, 16.0 million, and 7.6 million and cash and cash equivalents of 68.0 million, 95.9 million, and 76.7 million for the years ended december 31, 2024, 2023, and 2022, respectively. restricted cash is included within "prepaid and other current assets" and "restricted investment" within the consolidated balance sheets. | |||||||||||||||||||||||||||||||||||||||||
loss on cto resales | 800,000 | 23,500,000 | 26,500,000 | ||||||||||||||||||||||||||||||||||||||
cto resales cash outflow | 300,000 | ||||||||||||||||||||||||||||||||||||||||
purchase of strategic investment | |||||||||||||||||||||||||||||||||||||||||
repurchases of common stock under publicly-announced plan | |||||||||||||||||||||||||||||||||||||||||
cto resales spending | -19,800,000 | ||||||||||||||||||||||||||||||||||||||||
gain on sale of strategic investment | 0 | -100,000 | 0 | -19,200,000 | |||||||||||||||||||||||||||||||||||||
litigation verdict charge and interest | |||||||||||||||||||||||||||||||||||||||||
pension contribution | 0 | -100,000 | |||||||||||||||||||||||||||||||||||||||
payments on revolving credit facility | -142,800,000 | -95,300,000 | -84,500,000 | -60,300,000 | -57,700,000 | -23,000,000 | -170,000,000 | -50,000,000 | -155,000,000 | -102,300,000 | -70,400,000 | -76,100,000 | -98,800,000 | -421,100,000 | |||||||||||||||||||||||||||
borrowings (repayments) of notes payable and other short-term borrowings | 0 | 0 | 0 | -1,900,000 | -3,500,000 | -200,000 | 100,000 | -800,000 | -100,000 | 400,000 | -300,000 | 2,100,000 | -1,200,000 | 1,200,000 | |||||||||||||||||||||||||||
includes restricted cash of 16.0 million, 7.6 million, and 5.3 million and cash and cash equivalents of 95.9 million, 76.7 million, and 275.4 million for the years ended december 31, 2023, 2022, and 2021, respectively. restricted cash is included within "prepaid and other current assets" and "restricted investment" within the consolidated balance sheets. | |||||||||||||||||||||||||||||||||||||||||
purchases of property, plant and equipment in accounts payable | -200,000 | -900,000 | 700,000 | 5,300,000 | 3,500,000 | 2,800,000 | -400,000 | 3,500,000 | 800,000 | -1,600,000 | -1,600,000 | 5,100,000 | -700,000 | 1,300,000 | 400,000 | 6,600,000 | 200,000 | 2,500,000 | 2,400,000 | 3,800,000 | 200,000 | 2,600,000 | 700,000 | 1,600,000 | -900,000 | 2,900,000 | 300,000 | 1,400,000 | |||||||||||||
proceeds from revolving credit facility | 39,300,000 | 107,500,000 | 90,300,000 | 376,700,000 | 0 | 0 | 0 | 0 | 346,100,000 | 8,700,000 | 11,600,000 | 63,200,000 | 714,200,000 | ||||||||||||||||||||||||||||
litigation verdict charge | |||||||||||||||||||||||||||||||||||||||||
finance lease expenditures | 0 | ||||||||||||||||||||||||||||||||||||||||
proceeds from long-term borrowings | 0 | 0 | 0 | 375,000,000 | 0 | 0 | 0 | 300,000,000 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||
includes restricted cash of 0.6 million, 0.6 million, and 0.7 million and cash and cash equivalents of 76.7 million, 275.4 million, and 257.7 million for the years ended december 31, 2022, 2021, and 2020, respectively. restricted cash is included within "prepaid and other current assets" within the consolidated balance sheets. | |||||||||||||||||||||||||||||||||||||||||
includes restricted cash of 0.5 million and 0.5 million and cash and cash equivalents of 72.3 million and 269.4 million at september 30, 2022 and 2021, respectively. restricted cash is included within "prepaid and other current assets" within the condensed consolidated balance sheets. | |||||||||||||||||||||||||||||||||||||||||
includes restricted cash of 0.6 million, 0.7 million, and 8.1 million and cash and cash equivalents of 275.4 million, 257.7 million, and 56.5 million for the years ended december 31, 2021, 2020, and 2019, respectively. restricted cash is included within "prepaid and other current assets" within the consolidated balance sheets. | |||||||||||||||||||||||||||||||||||||||||
litigation expense | |||||||||||||||||||||||||||||||||||||||||
sale of equity securities | 0 | 0 | |||||||||||||||||||||||||||||||||||||||
acquisition of noncontrolling interest | 0 | ||||||||||||||||||||||||||||||||||||||||
noncontrolling interest distributions | 0 | -2,100,000 | -7,900,000 | -5,300,000 | -4,100,000 | -3,400,000 | -2,200,000 | -2,600,000 | -1,800,000 | -1,900,000 | -800,000 | -900,000 | |||||||||||||||||||||||||||||
includes restricted cash of 0.7 million, 8.1 million, and 0.3 million and cash and cash equivalents of 257.7 million, 56.5 million, and 77.5 million for the years ended december 31, 2020, 2019, and 2018, respectively. restricted cash is included within "prepaid and other current assets" within the consolidated balance sheets. | |||||||||||||||||||||||||||||||||||||||||
current liabilities | 14,300,000 | ||||||||||||||||||||||||||||||||||||||||
purchase of equity securities | |||||||||||||||||||||||||||||||||||||||||
includes restricted cash of 8.1 million, 0.3 million, and zero and cash and cash equivalents of 56.5 million, 77.5 million, and 87.9 million for the years ended december 31, 2019, 2018, and 2017, respectively. restricted cash is included within "prepaid and other current assets" within the consolidated balance sheets. | |||||||||||||||||||||||||||||||||||||||||
pension and other postretirement (benefit) costs | 300,000 | 400,000 | 300,000 | ||||||||||||||||||||||||||||||||||||||
income taxes payable | 8,700,000 | -7,500,000 | 2,700,000 | -6,700,000 | 2,400,000 | 4,100,000 | |||||||||||||||||||||||||||||||||||
increase in cash, cash equivalents and restricted cash | 24,400,000 | 14,900,000 | -37,900,000 | -24,900,000 | 27,700,000 | -32,800,000 | 31,600,000 | 9,900,000 | 200,000 | ||||||||||||||||||||||||||||||||
includes restricted cash of 1.0 million and 0.3 million and cash and cash equivalents of 75.6 million and 57.5 million as of september 30, 2019 and 2018, respectively. restricted cash is included within "prepaid and other current assets" within the condensed consolidated balance sheets. | |||||||||||||||||||||||||||||||||||||||||
accrued payroll and employee benefit costs | 2,700,000 | -26,600,000 | 9,500,000 | 8,200,000 | 8,700,000 | -23,400,000 | 6,400,000 | 9,100,000 | 7,000,000 | -9,100,000 | 5,400,000 | 5,600,000 | 5,600,000 | -1,600,000 | |||||||||||||||||||||||||||
includes restricted cash of 1.1 million and zero and cash and cash equivalents of 53.3 million and 83.0 million as of june 30, 2019 and 2018, respectively. restricted cash is included within "prepaid and other current assets" within the condensed consolidated balance sheets. | |||||||||||||||||||||||||||||||||||||||||
prepaid and other currents assets | 600,000 | 2,700,000 | -9,000,000 | 1,600,000 | |||||||||||||||||||||||||||||||||||||
includes restricted cash of 1.1 million and zero and cash and cash equivalents of 38.4 million and 55.0 million as of march 31, 2019 and 2018, respectively. restricted cash is included within "prepaid and other current assets" within the condensed consolidated balance sheets. | |||||||||||||||||||||||||||||||||||||||||
net borrowings under our revolving credit facility | 0 | -102,800,000 | -22,200,000 | 13,100,000 | -28,600,000 | -49,500,000 | |||||||||||||||||||||||||||||||||||
tax payments related to withholdings on vested restricted stock units | -400,000 | -600,000 | 0 | -1,500,000 | |||||||||||||||||||||||||||||||||||||
cash distributed to westrock at separation | 0 | 0 | |||||||||||||||||||||||||||||||||||||||
transactions with westrock | 500,000 | 0 | |||||||||||||||||||||||||||||||||||||||
includes restricted cash of 0.3 million, zero, and zero and cash and cash equivalents of 77.5 million, 87.9 million, and 30.5 million for the periods ended december 31, 2018, 2017, and 2016, respectively. restricted cash is included within "prepaid and other current assets" within the onsolidated balance sheets. | |||||||||||||||||||||||||||||||||||||||||
pension and other postretirement expense | 500,000 | 500,000 | 400,000 | ||||||||||||||||||||||||||||||||||||||
change in cash, cash equivalents and restricted cash | -25,200,000 | 28,000,000 | -32,900,000 | 17,400,000 | 29,400,000 | 10,100,000 | 500,000 | ||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of period | 0 | 0 | 87,900,000 | 0 | 0 | 30,500,000 | |||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of period | -25,200,000 | 28,000,000 | 55,000,000 | 29,400,000 | 10,100,000 | 31,000,000 | |||||||||||||||||||||||||||||||||||
includes restricted cash of 0.3 million and 0.3 million and cash and cash equivalents of 57.5 million and 70.2 million as of september 30, 2018 and 2017, respectively. restricted cash is included within "prepaid and other current assets" within the condensed consolidated balance sheets. | |||||||||||||||||||||||||||||||||||||||||
cash paid for taxes, net of refunds | 6,400,000 | 20,900,000 | 300,000 | ||||||||||||||||||||||||||||||||||||||
includes restricted cash of zero and 0.5 million and cash and cash equivalents of 83.0 million and 40.6 million as of june 30, 2018 and 2017, respectively. the restricted cash balance in 2017 is associated with foreign government grants to be used for specific capital projects as governed by the grant provisions. restricted cash is included within "prepaid and other current assets" within the condensed consolidated balance sheets. | |||||||||||||||||||||||||||||||||||||||||
net investment in equity securities | 300,000 | 300,000 | 300,000 | 100,000 | -2,100,000 | ||||||||||||||||||||||||||||||||||||
includes restricted cash of zero and 1.3 million and cash and cash equivalents of 55.0 million and 29.7 million as of march 31, 2018 and 2017, respectively. the restricted cash balance in 2017 is associated with foreign government grants to be used for specific capital projects as governed by the grant provisions. restricted cash is included within "prepaid and other current assets" within the condensed consolidated balance sheets. | |||||||||||||||||||||||||||||||||||||||||
proceeds from divestiture | |||||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | 2,200,000 | -27,800,000 | 33,100,000 | -9,400,000 | |||||||||||||||||||||||||||||||||||||
there was no restricted cash for any periods presented. | |||||||||||||||||||||||||||||||||||||||||
taxes withheld for employee equity award vesting | -400,000 | 0 | -500,000 | ||||||||||||||||||||||||||||||||||||||
treasury share repurchases | -1,900,000 | ||||||||||||||||||||||||||||||||||||||||
includes restricted cash of 0.3 million and zero and cash and cash equivalents of 70.2 million and 27.1 million as of september 30, 2017 and 2016, respectively. the restricted cash balance in 2017 is associated with foreign government grants to be used for specific capital projects as governed by the grant provisions. restricted cash is included within "prepaid and other current assets" within the consolidated balance sheets. | |||||||||||||||||||||||||||||||||||||||||
cash paid for interest | 6,000,000 | 2,400,000 | 5,500,000 | 4,400,000 | 6,000,000 | 3,100,000 | 1,600,000 | ||||||||||||||||||||||||||||||||||
cash paid for taxes | 13,700,000 | 29,000,000 | 4,800,000 | 200,000 | |||||||||||||||||||||||||||||||||||||
includes restricted cash of 0.5 million and zero and cash and cash equivalents of 40.6 million and 55.7 million as of june 30, 2017 and 2016, respectively. the restricted cash balance in 2017 is associated with foreign government grants to be used for specific capital projects as governed by the grant provisions. restricted cash is included within "prepaid and other current assets" within the consolidated balance sheets. | |||||||||||||||||||||||||||||||||||||||||
includes restricted cash of 1.3 million and zero and cash and cash equivalents of 29.7 million and 22.7 million as of march 31, 2017 and 2016, respectively. the balance in 2017 is associated with foreign government grants to be used for specific capital projects as governed by the grant provisions. restricted cash is included within "prepaid and other current assets" within the consolidated balance sheets. | |||||||||||||||||||||||||||||||||||||||||
income tax payable | |||||||||||||||||||||||||||||||||||||||||
change in cash and cash equivalents | 3,400,000 | -28,600,000 | 33,000,000 | -9,300,000 | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | ||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 3,400,000 | ||||||||||||||||||||||||||||||||||||||||
cash provided (used) by operating activities: | |||||||||||||||||||||||||||||||||||||||||
excess tax benefits on share-based compensation | |||||||||||||||||||||||||||||||||||||||||
net cash provided (used) by operating activities | 37,900,000 | 37,700,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||
cash provided (used) by investing activities: | |||||||||||||||||||||||||||||||||||||||||
net cash provided (used) by investing activities | -15,400,000 | -80,000,000 | -11,300,000 | ||||||||||||||||||||||||||||||||||||||
cash provided (used) by financing activities: | |||||||||||||||||||||||||||||||||||||||||
net cash provided (used) by financing activities | -50,300,000 | 75,400,000 | 2,900,000 | ||||||||||||||||||||||||||||||||||||||
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||
impairment/loss on sale of assets | 100,000 | ||||||||||||||||||||||||||||||||||||||||
restructuring charges | |||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||
at beginning of period | 0 | 32,000,000 | |||||||||||||||||||||||||||||||||||||||
at end of period | 33,000,000 | 22,700,000 | |||||||||||||||||||||||||||||||||||||||
changes in notes payable and other short-term borrowings | |||||||||||||||||||||||||||||||||||||||||
transactions with parent | 3,800,000 |
