What does components — restructuring reserve mean?

The total amount of money set aside to cover future restructuring costs.

How do you interpret components — restructuring reserve?

A large reserve indicates significant pending restructuring obligations, while a shrinking reserve suggests the completion of these initiatives.

How does components — restructuring reserve compare across companies?

Similar to restructuring accruals or provisions found in the liabilities section of the balance sheet for industrial peers.

Moog Inc. MOG.B Components — Restructuring Reserve

Discontinued — last reported Q4 '17

Similar metrics at other companies

FLROther Restructuring — Restructuring Reserve

$53K—

BLDOperating Segments — Restructuring Reserve

$298.5K—

XPO

XPOCorporate — Restructuring Reserve

$2M+100%

GTLSOperating Segments — Restructuring Reserve

$200K-33.3%

XPO

XPOOperating Segments — Restructuring Reserve

$13.1M-41.5%

XYLCorporate and Other — Restructuring Reserve

$2M—

Other financials

Income statement

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Revenue$1.1B+12.6%

Gross profit$287.6M+11.1%

Net income$81.8M+49.9%

EPS (diluted)$2.55+49.1%

Balance sheet

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Cash & equivalents$307.6M+390%

Total debt$1.5B+6.9%

Total equity$2.1B+16.4%

Total assets$4.9B+13.8%

Cash flow

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Operating cash flow$129.6M+224%

CapEx$31.8M-15.4%

Free cash flow$97.8M—

Valuation

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Market cap$13.64B+85.6%

Enterprise value$14.79B+66.6%

P/E48.1×+13.7×

P/S3.3×+1.3×

Profitability

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Gross margin27.4%-0.4pp

Net margin6.8%+1.0pp

FCF margin-3.9%—

Returns & leverage

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Return on equity14.5%+2.4pp

Debt / equity0.7×-0.1×

Current ratio1.7×-0.7×

Where this comes from

Reported directly by Moog Inc. in its filing.

Tagged under the XBRL concept us-gaap:RestructuringReserve.

The official record: Moog Inc.’s 10-K, filed November 14, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does components — restructuring reserve mean?: The total amount of money set aside to cover future restructuring costs.
How do you interpret components — restructuring reserve?: A large reserve indicates significant pending restructuring obligations, while a shrinking reserve suggests the completion of these initiatives.
How does components — restructuring reserve compare across companies?: Similar to restructuring accruals or provisions found in the liabilities section of the balance sheet for industrial peers.