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Allegion ALLE Asia Pacific — Goodwill Translation Adjustments

Discontinued — last reported Q4 '16

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ZBHAsia Pacific — Goodwill Foreign Currency Translation Gain Loss
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ZBHAsia Pacific — Goodwill Reportable Segment Change
-$17.9M
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ARWAsia Pacific — Goodwill
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ZBHAsia Pacific — Goodwill
$604.4M

Other financials

Income statement

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Revenue$1.0B+9.7%
Gross profit$454.5M+7.6%
Operating income$195.3M-0.6%
Net income$138.1M-6.8%
EPS (diluted)$1.59-7.0%

Balance sheet

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Cash & equivalents$308.9M-37.5%
Total debt$2.2B+3.6%
Total equity$2.1B+30.8%
Total assets$5.3B+16.4%

Cash flow

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Operating cash flow$101.3M-3.1%
CapEx$21.0M-0.5%
Free cash flow$80.3M-3.7%

Valuation

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Market cap$11.48B+11.2%
Enterprise value$13.39B+11.8%
P/E18.1×+1.5×
P/S2.8×+0.1×

Profitability

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Gross margin45%+0.5pp
Operating margin20.6%-0.4pp
Net margin15.2%-1.0pp
FCF margin16.4%-0.4pp

Returns & leverage

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Return on equity34.2%-7.9pp
Debt / equity1.1×-0.3×
Current ratio1.9×-0.3×

Where this comes from

Reported directly by Allegion in its filing.

Tagged under the XBRL concept us-gaap:GoodwillTranslationAdjustments.

The official record: Allegion’s 10-K, filed February 17, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does asia pacific — goodwill translation adjustments mean?
This reflects the changes in the carrying value of goodwill within the Asia Pacific segment resulting from fluctuations in foreign exchange rates. It ensures that the goodwill balance is accurately reported in the company's functional currency.