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ITT ITT Interconnect Solutions — Restructuring And Related Cost Incurred Cost

Discontinued — last reported Q3 '16

Similar metrics at other companies

CSL
CSLInterconnect Technologies — Payments For Restructuring
$2.2M-67.6%
CSL
CSLInterconnect Technologies — Restructuring Reserve
$0-100%
CSL
CSLInterconnect Technologies — Restructuring Reserve Settled Without Cash2
$0
Dow logo
DOWIndustrial Intermediates & Infrastructure — Restructuring Incurred Cost Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed
$2M-84.0%
Fidelity National Information Services logo
FISIntegrated Financial Solutions — Restructuring Charges
$0
Xylem logo
XYLIntegrated Solutions & Services — Restructuring cost incurred
$22M+450%

Other financials

Income statement

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Revenue$1.2B+32.7%
Gross profit$428.8M+32.7%
Operating income$141.2M-6.4%
Net income$78.0M-28.0%
EPS (diluted)$0.89-33.1%

Balance sheet

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Cash & equivalents$600.8M+36.6%
Total debt$3.5B+321%
Total equity$4.7B+70.5%
Total assets$11.1B+130%

Cash flow

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Operating cash flow$39.9M-64.8%
CapEx$26.1M-29.1%
Free cash flow$13.8M-82.0%

Valuation

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Market cap$17.6B+55.9%
Enterprise value$20.49B+76.8%
P/E38.5×+16.6×
P/S4.2×+1.0×

Profitability

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Gross margin35.5%+0.5pp
Operating margin15.9%-2.8pp
Net margin10.8%-3.4pp

Returns & leverage

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Return on equity12.2%-7.1pp
Debt / equity0.7×+0.4×
Current ratio1.5×+0.3×

Where this comes from

Reported directly by ITT in its filing.

Tagged under the XBRL concept us-gaap:RestructuringAndRelatedCostIncurredCost.

The official record: ITT’s 10-Q, filed November 4, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does interconnect solutions — restructuring and related cost incurred cost mean?
The total financial cost recognized for restructuring activities within the Interconnect Solutions segment.
How do you interpret interconnect solutions — restructuring and related cost incurred cost?
High incurred costs reflect active restructuring efforts, which are intended to improve long-term profitability at the expense of short-term cash flow.
How does interconnect solutions — restructuring and related cost incurred cost compare across companies?
Standard disclosure for restructuring-related cash and non-cash impacts.