Remy International Inc (REMY) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
600 CORPORATION DRIVE PENDLETON, IN 46064 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3714 - Motor Vehicle Parts and Accessories (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2015 MRQ | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 85 | 115 | 112 | |||
| Cash and cash equivalents | 85 | 115 | 112 | |||
| Receivables | 227 | 192 | 171 | |||
| Inventory, net of allowances, customer advances and progress billings | 164 | 159 | 159 | |||
| Inventory | 164 | 159 | 159 | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 15 | ||
| Deferred tax assets | 42 | 36 | 36 | |||
| Other undisclosed current assets | 12 | 32 | 17 | |||
| Total current assets: | 530 | 534 | 510 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 164 | 146 | 142 | |||
| Intangible assets, net (including goodwill) | 558 | 361 | 371 | |||
| Goodwill | 260 | 271 | 271 | |||
| Intangible assets, net (excluding goodwill) | 298 | 90 | 99 | |||
| Deferred costs | 1 | 4 | 5 | |||
| Other noncurrent assets | 65 | 72 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | 73 | ||
| Deferred tax assets, net | 12 | 22 | ||||
| Other undisclosed noncurrent assets | (12) | (22) | ||||
| Total noncurrent assets: | 789 | 583 | 591 | |||
| TOTAL ASSETS: | 1,319 | 1,117 | 1,101 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 283 | 168 | 155 | |||
| Interest and dividends payable | 0 | |||||
| Employee-related liabilities | 19 | |||||
| Accounts payable | 177 | 168 | 155 | |||
| Accrued liabilities | 86 | |||||
| Debt | 11 | 6 | 13 | |||
| Restructuring reserve | 0 | ✕ | ✕ | |||
| Deferred revenue and credits | 1 | 2 | 3 | |||
| Customer advances and deposits | 2 | ✕ | ✕ | |||
| Other liabilities | 129 | 110 | 108 | |||
| Other undisclosed current liabilities | (108) | (1) | 1 | |||
| Total current liabilities: | 318 | 286 | 280 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 298 | 294 | 284 | |||
| Long-term debt, excluding current maturities | 298 | 294 | 284 | |||
| Liabilities, other than long-term debt | 144 | 51 | 73 | |||
| Customer advances or deposits | 4 | |||||
| Deferred revenue and credits | 4 | 5 | 6 | |||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | 21 | 32 | ||
| Accounts payable and accrued liabilities | 23 | |||||
| Deferred tax liabilities, net | 55 | 1 | 2 | |||
| Liability, pension and other postretirement and postemployment benefits | 36 | ✕ | ✕ | |||
| Other liabilities | 26 | 25 | 29 | |||
| Other undisclosed noncurrent liabilities | (26) | (5) | 4 | |||
| Total noncurrent liabilities: | 415 | 340 | 361 | |||
| Total liabilities: | 733 | 626 | 641 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | 586 | 491 | 472 | |||
| Common stock | 0 | 0 | ||||
| Treasury stock, value | (1) | 0 | ||||
| Additional paid in capital | 596 | 321 | 324 | |||
| Accumulated other comprehensive loss | (9) | (41) | (50) | |||
| Retained earnings | 213 | 186 | ||||
| Other undisclosed equity, attributable to parent | 11 | |||||
| Equity, attributable to noncontrolling interest | 12 | |||||
| Other undisclosed equity | 0 | (23) | ||||
| Total equity: | 586 | 491 | 460 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,319 | 1,117 | 1,101 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues | 1,193 | 1,119 | 1,134 | ||
| Revenue, net | 1,193 | 1,119 | 1,141 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (1,020) | (896) | (896) | ||
| Other undisclosed gross profit | (11) | ||||
| Gross profit: | 162 | 223 | 238 | ||
| Operating expenses | (200) | (170) | (186) | ||
| Other undisclosed operating income | 64 | 31 | 47 | ||
| Operating income: | 26 | 84 | 98 | ||
| Interest and debt expense | (20) | (24) | (28) | ||
| Income from continuing operations before income taxes: | 6 | 60 | 70 | ||
| Income tax expense (benefit) | (0) | (20) | 71 | ||
| Income from continuing operations: | 6 | 40 | 141 | ||
| Income before gain (loss) on sale of properties: | 6 | 40 | 141 | ||
| Net income: | 6 | 40 | 141 | ||
| Net loss attributable to noncontrolling interest | (1) | (3) | |||
| Net income available to common stockholders, diluted: | 6 | 40 | 139 | ||
Comprehensive Income ($ in millions)
| 9/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net income: | 6 | 40 | 141 | ||
| Other comprehensive income (loss) | (29) | 9 | 15 | ||
| Comprehensive income (loss): | (22) | 49 | 157 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 1 | 3 | |||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (2) | (6) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (22) | 49 | 154 | ||
Statements Sources
The financial statements are based on the Company's filings with 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.