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ITT ITT Interconnect Solutions — Restructuring Reserve

Discontinued — last reported Q4 '16

Similar metrics at other companies

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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:RestructuringReserve.

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

Questions, answered.

What does interconnect solutions — restructuring reserve mean?
The amount of money set aside or owed for future restructuring payments in the Interconnect Solutions segment.
How do you interpret interconnect solutions — restructuring reserve?
A high reserve indicates significant pending restructuring obligations, while a declining reserve suggests the completion of these initiatives.
How does interconnect solutions — restructuring reserve compare across companies?
Standard balance sheet liability disclosure for restructuring programs.