What does corporate non — restructuring reserve current mean?

The amount of money set aside for restructuring costs expected to be paid within one year.

How do you interpret corporate non — restructuring reserve current?

An increasing reserve suggests planned future restructuring activity, while a decreasing reserve indicates the completion of planned programs.

How does corporate non — restructuring reserve current compare across companies?

Standard accounting practice for companies with ongoing restructuring programs.

Allegion ALLE Corporate Non — Restructuring Reserve Current

Discontinued — last reported Q1 '18

Similar metrics at other companies

CSL

CSLCorporate Non — Restructuring Reserve

$0-100%

GTLSCorporate Non — Restructuring Reserve

$1.8M+28.6%

BALLCorporate Non — Restructuring Reserve

$2M—

XPO

XPOCorporate Non — Restructuring Reserve

$1.1M+22.2%

BLDCorporate Non — Restructuring Reserve

$32K—

XYLCorporate and Other — Restructuring Reserve

$2M—

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:RestructuringReserveCurrent.

The official record: Allegion’s 10-Q, filed April 26, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does corporate non — restructuring reserve current mean?: The amount of money set aside for restructuring costs expected to be paid within one year.
How do you interpret corporate non — restructuring reserve current?: An increasing reserve suggests planned future restructuring activity, while a decreasing reserve indicates the completion of planned programs.
How does corporate non — restructuring reserve current compare across companies?: Standard accounting practice for companies with ongoing restructuring programs.