Dynacast International Inc.
CIK:0001540563|SEC Filings
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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
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Sep. 30, 2014
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Sep. 30, 2013
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Sep. 30, 2014
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Sep. 30, 2013
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| Income Statement [Abstract] | ||||
| Net sales | $ 157.0 | $ 146.0 | $ 465.5 | $ 428.8 |
| Costs of goods sold | (117.6) | (110.9) | (354.1) | (324.1) |
| Gross margin | 39.4 | 35.1 | 111.4 | 104.7 |
| Operating expenses: | ||||
| Selling, general and administrative expense | (18.0) | (16.4) | (52.9) | (50.2) |
| Total operating expenses | (18.0) | (16.4) | (52.9) | (50.2) |
| Operating income | 21.4 | 18.7 | 58.5 | 54.5 |
| Other income (expense): | ||||
| Interest expense | (11.6) | (11.9) | (34.5) | (36.4) |
| Other expense, net | (0.2) | (0.3) | (2.8) | (4.5) |
| (Loss) income before income tax and equity in net earnings of unconsolidated subsidiaries | 9.6 | 6.5 | 21.2 | 13.6 |
| Income tax expense | (1.1) | (3.4) | (8.4) | (10.6) |
| Net income | 8.5 | 3.1 | 12.8 | 3.0 |
| Less: net income attributable to non-controlling interests | (0.1) | (0.1) | (0.3) | (0.2) |
| Net (loss) income attributable to controlling stockholders | $ 8.4 | $ 3.0 | $ 12.5 | $ 2.8 |
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Derivatives - Changes in Fair Values of Derivative Contracts, Designated as Net Investment and Cash Flow Hedges, Impact on Other Comprehensive Income (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
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Sep. 30, 2014
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Sep. 30, 2013
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Sep. 30, 2014
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Sep. 30, 2013
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| Derivatives, Fair Value [Line Items] | ||||
| Foreign exchange forward contracts gains (losses) | $ (0.2) | $ (0.1) | ||
| Foreign exchange forward contracts (losses) | 1.3 | (1.2) | 2.0 | (0.9) |
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Foreign exchange forward contracts [Member] | Foreign currency translation adjustment, net of tax expense [Member]
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| Derivatives, Fair Value [Line Items] | ||||
| Foreign exchange forward contracts (losses) | 1.8 | (1.3) | 2.3 | (0.8) |
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Foreign exchange forward contracts [Member] | Unrealized losses on cash flow hedges, net of tax [Member]
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| Derivatives, Fair Value [Line Items] | ||||
| Foreign exchange forward contracts (losses) | (0.5) | 0.1 | (0.3) | (0.1) |
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Foreign exchange forward contracts [Member] | Selling, general and administrative expense [Member]
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| Derivatives, Fair Value [Line Items] | ||||
| Foreign exchange forward contracts gains (losses) | $ (0.2) | $ (0.1) | ||
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Derivatives - Fair Value of Dynacast's Derivative Contracts Recorded on Balance Sheets (Detail) (USD $)
In Millions, unless otherwise specified |
Sep. 30, 2014
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Dec. 31, 2013
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|---|---|---|
| Derivatives, Fair Value [Line Items] | ||
| Derivative liabilities | $ 3.7 | |
| Foreign exchange forward contracts (losses) gains | 32.0 | 10.5 |
| Foreign exchange forward contracts (losses) gains | 0.5 | 0.2 |
| Total | 0.3 | (1.7) |
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Foreign exchange forward contracts [Member] | Foreign currency translation adjustment, net of tax expense [Member]
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| Derivatives, Fair Value [Line Items] | ||
| Foreign exchange forward contracts (losses) gains | 0.8 | (1.5) |
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Foreign exchange forward contracts [Member] | Unrealized losses on cash flow hedges, net of tax [Member]
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| Derivatives, Fair Value [Line Items] | ||
| Foreign exchange forward contracts (losses) gains | (0.5) | (0.2) |
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Foreign exchange forward contracts [Member] | Prepaids and other assets [Member]
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| Derivatives, Fair Value [Line Items] | ||
| Derivative liabilities | 0.6 | |
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Foreign exchange forward contracts [Member] | Accrued expenses and other liabilities [Member]
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| Derivatives, Fair Value [Line Items] | ||
| Derivative liabilities | 0.5 | 3.7 |
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Foreign exchange forward contracts [Member] | Other noncurrent liabilities [Member]
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| Derivatives, Fair Value [Line Items] | ||
| Derivative liabilities | $ 0.1 |