What does consolidation — gain loss on disposition of assets1 mean?

This represents the elimination of gains or losses recognized on the internal transfer or sale of assets between business units. It ensures that the consolidated income statement only reflects gains or losses realized from transactions with external parties.

Lennox International LII Consolidation — Gain Loss On Disposition Of Assets1

Discontinued — last reported Q2 '18

Similar metrics at other companies

MOSCorporate, Eliminations and Other — Gain (Loss) on Disposition of Assets

$0—

IPGain (loss) on disposal of assets

$0-100%

KRGain (Loss) on Disposition of Assets

$6M-33.3%

PHGain (Loss) on Disposition of Business and Assets

$68.25M+2,175%

CTVAGain (Loss) on Disposition of Assets

$13M+8.3%

OXYGain (Loss) on Disposition of Assets

-$202M-963%

Other financials

Income statement

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Revenue$1.1B+5.8%

Gross profit$351.3M+3.1%

Operating income$163.5M-2.7%

Net income$117.2M-9.6%

EPS (diluted)$3.35-7.7%

Balance sheet

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Cash & equivalents$48.2M-77.8%

Total debt$1.7B+7.6%

Total equity$1.2B+20.9%

Total assets$4.3B+24.2%

Cash flow

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Operating cash flow$16.1M+145%

CapEx$55.5M+118%

Free cash flow-$39.4M+35.7%

Valuation

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Market cap$18.53B-19.0%

Enterprise value$20.14B-16.5%

P/E23.4×-4.7×

P/S3.5×-0.7×

Profitability

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Gross margin33.2%+0.1pp

Operating margin19.7%+0.3pp

Net margin15.1%-0.1pp

FCF margin12.6%-1.8pp

Returns & leverage

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Return on equity75.8%-43.9pp

Debt / equity1.4×-0.2×

Current ratio1.6×+0.1×

Where this comes from

Reported directly by Lennox International in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnDispositionOfAssets1.

The official record: Lennox International’s 10-Q, filed July 23, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation — gain loss on disposition of assets1 mean?: This represents the elimination of gains or losses recognized on the internal transfer or sale of assets between business units. It ensures that the consolidated income statement only reflects gains or losses realized from transactions with external parties.