What does restructuring charges mean?

One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.

Astec Industries ASTE Restructuring Charges

Discontinued — last reported Q3 '20

Restructuring Charges at other companies

CaterpillarCAT

$112M+24.8%

Federal SignalFSS

$0—

Minerals TechnologiesMTX

$0-100%

Other financials

Income statement

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Revenue$396.3M+20.3%

Gross profit$99.1M+7.3%

Operating income$9.0M-56.1%

Net income$1.3M-90.9%

EPS (diluted)$0.06-90.3%

Balance sheet

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Cash & equivalents$75.0M-19.0%

Total debt$376.7M+2,630%

Total equity$678.1M+3.8%

Total assets$1.4B+35.3%

Cash flow

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Operating cash flow$40.7M+98.5%

CapEx$8.1M+108%

Free cash flow$32.6M+96.4%

Valuation

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Market cap$1.42B+59.6%

Enterprise value$1.72B+112%

P/E55×-3.5×

P/S1×+0.3×

Profitability

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Gross margin25.8%-0.1pp

Operating margin3.7%+0.9pp

Net margin1.7%+0.6pp

FCF margin-9.1%-52.3pp

Returns & leverage

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Return on equity3.9%+1.5pp

Debt / equity0.6×+0.5×

Current ratio2.3×-0.3×

Where this comes from

Reported directly by Astec Industries in its filing.

Tagged under the XBRL concept us-gaap:SeveranceCosts1.

The official record: Astec Industries’s 10-Q, filed November 6, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does restructuring charges mean?: One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.