Magnetek Inc (MAG) financial statements (2021 and earlier)

Company profile

Business Address N49 W13650 CAMPBELL DRIVE
MENOMONEE FALLS, WI 53051
State of Incorp. DE
Fiscal Year End December 31
SIC 3679 - Electronic Components, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments101529
Cash and cash equivalents101529
Restricted cash and investments0 0
Receivables171516
Inventory, net of allowances, customer advances and progress billings141315
Inventory141315
Prepaid expense and other current assets1
Other undisclosed current assets11 
Total current assets:414460
Noncurrent Assets
Property, plant and equipment333
Intangible assets, net (including goodwill)303030
Goodwill303030
Other noncurrent assets44
Prepaid expense and other noncurrent assets5
Total noncurrent assets:373838
TOTAL ASSETS:798299
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities171518
Accounts payable101012
Accrued liabilities756
Accrued environmental loss contingencies1  
Other undisclosed current liabilities(1)  
Total current liabilities:171518
Noncurrent Liabilities
Liabilities, other than long-term debt3858112
Pension and other postretirement defined benefit plans, liabilities48102
Deferred tax liabilities, net1098
Liability, pension and other postretirement and postemployment benefits27
Other liabilities111
Total noncurrent liabilities:3858112
Total liabilities:5574130
Stockholders' equity
Stockholders' equity attributable to parent248(31)
Common stock000
Additional paid in capital151143142
Accumulated other comprehensive loss(117)(151)(187)
Retained earnings (accumulated deficit)(10)1714
Total stockholders' equity:248(31)
TOTAL LIABILITIES AND EQUITY:798299

Income statement (P&L) ($ in millions)

12/31/2014
12/31/2013
12/31/2012
Revenues50114
Revenue, net110103114
Cost of revenue
(Cost of Goods and Services Sold)
(70)(68)(74)
Other undisclosed gross profit104103 
Gross profit:403540
Operating expenses(27)(25)(21)
Other undisclosed operating loss(39)(5)(11)
Operating income (loss):(26)58
Income (loss) from continuing operations before income taxes:(26)58
Income tax expense(1)(1)(1)
Income (loss) from continuing operations:(26)47
Loss from discontinued operations(1)  
Net income (loss):(27)47
Other undisclosed net income (loss) attributable to parent (1)6
Net income (loss) available to common stockholders, diluted:(27)313

Comprehensive Income ($ in millions)

12/31/2014
12/31/2013
12/31/2012
Net income (loss):(27)47
Other comprehensive income35  
Comprehensive income:747
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 34(3)
Comprehensive income, net of tax, attributable to parent:7384

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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